The Public Sector Needs to Fully Embrace Strategic Risk

Over the last decade public sector agencies have expanded their risk management practices, yet they have not kept pace with the global risk landscape, which now entails a wider range of more complex risks that hit harder, come faster, are interconnected, and bring more profound disruptions.

Public sector agencies need to expand and enhance their approach to risk-applying best practices from the private sector to become far more anticipatory, proactive, and risk-intelligent.