
Let's talk about risk.
Phil Hart at RTGS.Global
In many organisations, particularly startups and fintechs, risk management is often perceived as a blocker to growth. It is associated with bureaucracy, red tape, and viewed as the function that slows things down, and ultimately says ‘no’. As a result, risk management is frequently treated as a hurdle to overcome, when in fact, it should be something to embrace.
The inherent perception that risk is a burden is harmful to growth. When we look at the most successful businesses, they treat risk as a strategic enabler and a function that allows them to move faster, enter new markets with confidence, build customer trust, and scale in a sustainable way. The defining factor between success and failure comes down to how intelligently, deliberately, and collaboratively risk is understood and managed.
Let’s dive a little deeper into what we mean.