Military risk management compared to civilian risk management
Sean Vineyard, managing director and public sector lead at 11th Hour Service, outlines the differences between military and civilian risk management strategies, and why the Pentagon has “some of the best risk practitioners”
Secretary of the Navy Richard Spencer believes that the service’s aversion to risk is a liability. According to USNI News, Secretary Spencer said that the Department of Defense has migrated away from risk management and prioritized “risk avoidance,” which doesn’t get them the equipment and innovations they need. Sean Vineyard, managing director and public sector lead at 11th Hour Service, says that the Pentagon already has good risk management, but it needs to transfer the skills from warfighters to the civilian workforce.
“Flat out, DoD has some of the best risk practitioners in the industry. We have been doing it for hundreds of years. So, being able to leverage some of those practices now and coming into the operations side, it is a shift in the culture. To say, okay, there’s been aversion to risk on the business side. But understanding that risk isn’t positive or negative. Risk just is. The outcomes can be positive or negative,” Vineyard said. “Taking those methods, that approach we have been using in the uniformed services, warfighting type of functions, bringing that back in-house and saying, ‘Hey, we can leverage this. Don’t recreate the wheel.’”