Why is risk so difficult to talk about?
“Risk mitigation is painful, not a natural act for humans to perform”
- Gentry Lee, Chief Engineer at Jet Propulsion Laboratory (JPL), NASA
Few enjoy talking about risk, in fact, many organizational cultures inhibit team behavior to discuss risk and failure honestly- making the profession of risk officer that much more difficult. Nowigence helps take control of these conversations by scouring through 60k sources to identify hidden risks, emerging patterns, potential solutions and presents them in an easy-to-read, unbiased manner.
When aligning an organization’s growth strategies and risk management principles, having a dynamic, unbiased, visually pleasing display of various risk controls can be a crucial factor. Making risk management a daily updating practices allows for trends to be identified over time, revealing the story of your market's direction.
With our dynamic risk management tool, we help risk officers: