Public service renewal: managing risks to deliver results

As we look to modernize the public service of Canada, the time has come to distinguish between mistakes, which are a normal possibility in the decision-making process, and misappropriations, dishonest usage or applications of taxpayer's money. It's rules

Risk management is an essential component of sound management and sound corporate governance. Successful private sector companies regard well-managed risk-taking as key to maintaining and achieving their competitive advantage and achieving required results.

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