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Demonstrate how todays risk managers should be able to think about risk

The current pandemic in the world (COVID-19) has resulted to multisector crippling with discussions of economic stimulus packages emanating therein. With reference to this;
(i)                 Explain the concept of risk in Individual mindset, Organizational mindset and National mindset and demonstrate how todays risk managers should be able to think about risk, identify the risk adequately and their willingness to buffer against risk realization.
(ii)               Prepare risk management mindset checklist that should assist the risk managers to design a clear framework for response to organizational risk and how they can adopt effective risk mind set.

Solution:

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