You have probably heard the risk function being called an enabling function. Because it is. It helps the main producing areas of the business to be more successful. When I present to executive teams to give them a picture of enterprise risk management, the first thing I do is dispel any hint of the myth that risk is a compliance function. I stress early, and often, that they should engage with the risk program to be successful! Not to avoid bad things happening.
I go on to plead with them to do a