All too often, risk management is considered an administrative burden, consisting of ticking a series of boxes to comply with rules and regulations. Which is unfortunate, as you may miss out on a lot of opportunities as an organisation. In a recent publication in Business Horizons, Professor Regine Slagmulder and researcher Bart Devoldere argue in favour of a broader, more strategic approach to risk management. So what does strategic risk management entail and why is it so important, now more than ever?