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Summer Journal

Volume 28, Issue 3

Full Contents Now Available!

Monday, 13 January 2014 16:00

How MAD are your Top Management?

Dare to ask that question of your Top Management? Maybe not, but a Risk Manager would try to understand their attitude to risk and their mythical 'Risk Appetite'. As a Business Continuity Manager, why not explore their 'Maximum Attitude to Disruption' (M.A.D.) a phrase I believe I uniquely use and created hoping it becomes more prevalent in a commercially driven BC world.

Risk appetite is a feeling, a sense of danger perhaps. Your risk attitude is what you intend to do about avoiding that danger, your Maximum Attitude to Disruption is a mixture of your Top Management’s risk appetite and risk attitude expressed in a business continuity context.

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http://thebceye.blogspot.com/2014/01/how-mad-are-your-top-management.html