Myth Buster: Risk Assessments Are Only for the Authority
- Margrét Hrefna Pétursdóttir
- Aug 29, 2025
- 1 min read
The Myth: Many still believe that risk assessments are just a formality, a document to tick off and send to the authority.
The Reality: Risk assessments are not for the authority. They are for the organisation. Done well, they:
Save money by avoiding costly mistakes and delays
Save time by spotting issues before they appear
Protect reputation by preventing avoidable incidents
Sometimes even stop a bad decision before it’s implemented

💡 A good risk assessment isn’t a cost. It’s an investment in smarter, safer decisions.
The Power of Perspective
When risk assessments are done with more than one person at the table, the results are better. Different people bring different “backpacks”, experience, knowledge, and viewpoints. Together, these widen perspective and lead to better, more balanced decisions.
The Takeaway
Risk assessments should not be about making the authority happy. They should be about making the organisation safer, stronger, and more resilient.
👉 Discussion point: What’s the most valuable outcome you’ve seen from a risk assessment ... one that went beyond “compliance”?



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