Williams argues the next frontier of risk management is integration across functions, not deeper specialization.
“That’s why the next frontier of risk management is not deeper specialization. It’s integration: strategic, ethical, and operational coherence—across functions, levels, and tools.”
Williams describes how diffused accountability means no single person makes a bad decision, yet the system fails.
“Later, when the risk materializes, we conduct a review and find that no single person made a bad decision. Instead, the system as a whole failed to “see” the risk clearly.”