A great example of the double-edge nature of risk and reward is provided by the situation that is confronting risk managers.
“ERM [Enterprise Risk Management] provides an absolutely unbelievable opportunity [for career advancement] for a risk manager” according to an executive recruiter who specializes in risk professionals — but who also warns that, on the other hand, “I’ve seen situations where … eventually the risk manager ends up losing his or her job.”
There’s more discussion of this and related issues in the third installment of my three-part Special Report on Enterprise Risk Management (ERM) for Risk & Insurance Magazine.
Here are links to articles and sidebars in that installment.
http://www.riskandinsurance.com/story.jsp?storyId=192585755
Raising the Risk Executive’s Profile
http://www.riskandinsurance.com/story.jsp?storyId=193285691