Governance is how an organisation is directed, controlled, and held accountable to achieve its objectives - all while balancing competing stakeholder interests. Organisations implement governance through a combination of frameworks, processes, and practices - which are crucial for risk professionals to understand to manage and mitigate risk.

Critical thinking is an essential skill to develop in a digital risk career. Without critical thinking, you risk poor decisions that will expose your organisation to unnecessary risk. It is common to avoid critical thinking in every day life - it would be exhausting to think critically 24/7, instead we use techniques such as heuristics, as well as developing trust, to essentially save your brain’s bandwidth and processing needs. But in important situations which require well thought through decisions, heuristics and its more dangerous friend the cognitive bias, may lead to poor reasoning and weak analytical rigour. ...

Further reading The quality and effectiveness of audit: independent review - Gov UK Sir Donald Brydon issues his report on the quality and effectiveness of audit - Deloitte UK

Top 10 books about working life (Guardian, April 2015) Related page: See also my reading list and bookshelf. What to read to understand international relations (Economist, Aug 2023) The World: A Brief Introduction. By Richard Haass The Rise and Fall of the Great Powers. By Paul Kennedy Is the American Century Over? By Joseph Nye China Goes Global: The Partial Power. By David Shambaugh The Wealth and Poverty of Nations. By David Landes