Very interesting article, Khemraj. I agree with you. Just to add it is very easy for risk managers to become occupationally tunnel-visioned. However, the job is to manage risk, not to avoid it unnecessarily. Every business action involves risk. Even standing still and clinging to the status quo entails risk. Risk is inherent in business as in life. The risk manager can always find a risk-related reason to avoid undertaking some proposed organizational action, whether it is a possible merger or acquisition, introduction of a new product line, or revision of an employee handbook. The risk manager should identify the risks of any proposed course of action and-this is critical-develop an action plan to reduce or finance the chance of loss.