As an executive in a new role, how do I quickly get my arms around the business and mitigate all of the critical risks?
- New in your role, “you just don’t know what you don’t know”
- This early in your tenure, your staff does not know you
- It is human nature for them to fear of a “shoot the messenger” response to bad news
- However, the sooner you know about issues the better
- An outside firm is needed to buffer the “shoot the messenger” fear with a rapid and structured Three Step Process that evaluates the likelihood and severity of risks, in light of risk tolerance:
