– Jan Emblemsvåg and Lars Endre Kjølstad

The ongoing discussion on how to manage risks has been revitalized lately for at least two reasons.

Primarily, many investors have lost huge sums of money due to poor corporate performance and outright wrongdoings.

Secondly, the accelerating change in the business environment is another crucial reason why risk management is becoming increasingly important.

However, effective risk management can enable decision-makers to increase their knowledge about their options in times of uncertainty and thus reduce their risk of business failure.

In this article, EOQ European Quality leader finalist Jan Emblemsvåg and Lars Endre Kjølstad present their views on this topic.