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Developing a risk management strategy


You are a consultant who has been requested by a public sector client to assist it in developing a risk management strategy for the client’s agency. The client is especially concerned to develop a policy that will reduce the risk that its management and staff could be bribed or in other ways induced into fraud and corruption by the agency’s major suppliers and corporate partners to which it has outsourced a number of key HR functions including payroll and recruitment. Even though you do not have to develop the policy in detail yourself, your report should explain how the policy will reduce the likelihood that agency staff could be bribed or induced into fraud and corruption. Your report should be based on your own, independent research and analysis, refer to appropriate academic literature, including journal articles, and be supported with real life examples

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