Overhead or value-added?

Many argue that risk management professionals must break out of the role of being the ‘risk police’ and become value-added contributors. David Rowe wholeheartedly agrees, but warns that it is important to distinguish the nature of a risk manager’s role from that of traditional line managers

At a recent Professional Risk Managers’ International Association meeting in Athens, risk management veteran Constantine Thanassoulas, of Eilon & Associates, argued with some passion that risk managers must break the stereotype of being the ‘risk police’ and become active value-added contributors. If this does not happen, he argued, risk management will always be viewed as nothing but an overhead