Which of the following is NOT true for effective risk communication?
A.
Risk information must be known and understood by all stakeholders.
B.
Use of technical terms of risk
C.
Any communication on risk must be relevant
D.
For each risk, critical moments exist between its origination and its potential business
consequence
Explanation:
For effective communication, information communicated should not inundate the recipients. All
ground rules of good communication apply to communication on risk. This includes the avoidance
of jargon and technical terms regarding risk because the intended audiences are generally not
deeply technologically skilled.
Hence use of technical terms is avoided for effective communication
risk communication the risk information should be clear, concise, useful and timely. Risk
information must be known and understood by all the stakeholders. Information or communication
should not overwhelm the recipients. This includes the avoidance of technical terms regarding risk
because the intended audiences are generally not much technologically skilled.
Any communication on risk must be relevant. Technical information that is too detailed or is sent to
inappropriate parties will hinder, rather than enable, a clear view of risk. For each risk, critical
moments exist between its origination and its potential business consequence.
Information should also be aimed at the correct target audience and available on need-to-know
basis.
Hence for effective risk communication risk information should be:
Clear
Concise
Useful
Timely given
Aimed at the correct audience
Available on need-to-know basis