Daily Archives: November 30, 2022

Risk Management In the Public Sector

In his book titled ‘Enterprise Risk Management, published by Wiley Finance in 2003, James Lam states that, “The only alternative to risk management is crisis management-and crisis management is much more expensive, time consuming and embarrassing.” Underpinning further the import of risk management, deloitte in a study paper of 2005, observed that, “Value-creating organizations focus…