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You Only Know What You Know: Blind Spot Risk Mitigation

By Randi Morrison posted 01-08-2024 05:18 PM

  

Aimed primarily at directors but equally beneficial for management supporting the board, Protiviti’s “Blind Spots in the Boardroom” addresses the realities of inevitable blind spots among directors and management that have the potential to significantly impede a company’s success, if not trigger an unexpected crisis or implosion. As used in this resource, Protiviti defines a blind spot as “something pertinent to an organization’s viability that the board and C-suite have not focused on at all,” which may include a lack of awareness or intentional avoidance, deemphasis, or concealment. The piece provides relatable examples of manifested blind spots, triggers and red flag indicators, and sound guidance for boards to increase their awareness of, manage, and address unidentified and revealed blind spots.

 This post first appeared in the weekly Society Alert!

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