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  "documentTitle": "Risk in review Managing risk from the front line",
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      "text": "Front Liners report better performance metrics. In the next 2 years: 59% / 51% expect increased profit margin growth. 77% / 71% expect increased revenue growth.",
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      "text": "The connection between effective, strategically aligned risk management and better financial performance has been evident in the results of our past Risk in review surveys, so it is not surprising that this year’s results suggest that managing risk from the first line of defence translates to improved performance metrics.",
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      "text": "Through its alignment of strategy, risk ownership, and decision making, a risk management programme led by the first line automatically becomes more strategic and proactive rather than protective and reactive, thereby contributing to strong revenue and profit growth, expanding market share, lower employee turnover, and greater ability to withstand disruption.",
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      "text": "—Nick Hirons, SVP for global ethics and compliance, GlaxoSmithKline",
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      "text": "We don’t want to stop the risk-taking; we want smart, informed risk-taking that’s done with eyes wide open, and within the overall risk appetite of the company. I use the racing car analogy, where the brakes are what actually give you the confidence to go faster. You accelerate on the straights and use the brakes when you’re cornering, to stay in control. The net impact is a very high average speed compared to what you’d have if you had no brakes on the car at all.",
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      "text": "We don't want to stop the risk-taking; we want smart, informed risk-taking that's done with eyes wide open, and within the overall risk appetite of the company. I use the racing car analogy, where the brakes are what actually give you the confidence to go faster. —Nick Hirons, SVP for global ethics and compliance, GlaxoSmithKline",
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