The Ethics of Risk

Mentor 1

Susan Lincke

Location

Union Wisconsin Room

Start Date

24-4-2015 10:30 AM

End Date

24-4-2015 11:45 AM

Description

While the initial purpose of risk management was to ensure that organizations did not jeopardize their data, existence, or security, current risk management systems are still subjective and focus primarily on protecting only the organization. However, we have a minimum duty to examine more than solely monetary considerations when managing risk. Risk can never be entirely eliminated, and the difference between “right” and “wrong” decisions of prioritizing and treating risk are frequently found in a grey area. Adding additional points of consideration to risk management may contribute to this effect, however with clear guidelines and metrics, a definitive system is possible. In this presentation we focus on a specific scenario—a school shooting—and discuss the value of different perspectives on risk as well as provide an outline for how multiple views may be reconciled to protect both organizations and people.

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Apr 24th, 10:30 AM Apr 24th, 11:45 AM

The Ethics of Risk

Union Wisconsin Room

While the initial purpose of risk management was to ensure that organizations did not jeopardize their data, existence, or security, current risk management systems are still subjective and focus primarily on protecting only the organization. However, we have a minimum duty to examine more than solely monetary considerations when managing risk. Risk can never be entirely eliminated, and the difference between “right” and “wrong” decisions of prioritizing and treating risk are frequently found in a grey area. Adding additional points of consideration to risk management may contribute to this effect, however with clear guidelines and metrics, a definitive system is possible. In this presentation we focus on a specific scenario—a school shooting—and discuss the value of different perspectives on risk as well as provide an outline for how multiple views may be reconciled to protect both organizations and people.