June 19, 2025

Risk Busters: Why CROs Need Smarter Tools (Like, Yesterday!)

SPM Mythbusters Series

3 min read

Key Takeaways

Find out how true risk management means actively fixing issues, which requires robust project management capabilities.
See how governance, risk, and compliance (GRC) tools require constant updates to stay aligned with regulations and threats.
Discover how CROs need both powerful platforms and strategic vendor partnerships.

Your chief risk officer (CRO) isn't just checking boxes. They're on a mission to safeguard your entire operation. But here’s the kicker: Identifying a risk is only half the battle. The real work? Fixing it. That's where things get tricky—and why CROs desperately need the right gear.

Beyond just paperwork

Imagine a CRO at a bank realizing that just knowing about risks wasn't cutting it. They needed a system to remediate them. Because fixing a risk isn't accomplished with a casual chat—it’s a full-blown project.

It means planning, coordinating resources, and tracking progress. If your current tools only help you list risks, you're missing the action stage, which is where CROs truly shine. It's about being proactive, not just compliant.

The antivirus analogy for software

Risk management software isn't a "set it and forget it" deal. Think of it like your antivirus program: The core software is cool, but the constant updates (new rules for new threats) are what make it truly valuable.

For governance, risk, and compliance (GRC) tools, this means staying on top of endless regulatory changes and frameworks. If the software vendor isn't keeping that content fresh, their tool is about as useful as a chocolate teapot. This continuous "service" model is where many solutions fall short.

Finding your tech co-pilot

CRO teams are often small, yet their responsibilities are massive. When an auditor flags an issue (a "finding"), or a real breach happens, it's go time. These teams need smart automation to wrangle resources, send surveys, and coordinate the fix.

The challenge?

Finding a software partner that not only has a solid platform but also provides the ongoing regulatory content and deep consulting expertise. Because without that, even the best software won't turn a risk manager into a true risk buster.

Tag(s): ValueOps , Clarity , Strategic Portfolio Management , Risk Management , Chief Risk Officer , SPM

Jason Kotlinski

Jason Kotlinski serves as Product Manager for Clarity with clients all across the globe. He is responsible for customer-facing aspects of product management, leading development of key marketable features, and assisting senior management with backlog prioritization and new feature definition.

Other resources you might be interested in

Solution and Capabilities Briefs December 5, 2025

Carrier-Grade Network Observability: A Technology Brief for Telco Network Operations

Network Observability by Broadcom unifies data to provide contextual, AI-enabled insights for superior service availability, accelerated MTTR and improved MTTI, reduced operational costs, and the...

Read Technology Brief

Blog December 3, 2025

You've Found the Waste In Your Network Operations. Now What?

Leverage the Six Sigma framework to gain a roadmap for converting network data into permanent optimizations. Start systematically eliminating network issues.

Read Blog

Blog November 26, 2025

The Silent Sabotage of Configuration Drift

See how manual network changes lead to configuration drift, which can cause security holes, compliance violations, and network outages.

Read Blog

Course November 25, 2025

AAI - Configuring & Responding to Jobstream Alerts

This course walks you through how jobstream alerts work in AAI, and how to tailor them to your workload needs.

Go to Training

Office Hours November 25, 2025

Rally Office Hours: November 20, 2025

Get the scoop on the latest Rally updates, including new AI features, customizable planning boards, and essential tips for managing service accounts and custom views.

View Recording

Course November 24, 2025

AAI Fundamentals

Gain a solid introduction to Automation Analytics and Intelligence (AAI)—a powerful platform that unifies and optimizes automated workflows across complex IT environments.

Go to Training

Blog November 19, 2025

Is Your Network Modernization Frozen by Fear?

See how the “if it ain’t broke, don’t fix it” mindset delays many network modernization projects. Employ network observability and migrate with confidence.

Read Blog

Blog November 13, 2025

The Seven Wastes of Network Operations

Discover the seven common areas of waste in network operations, and see how network observability helps you systematically eliminate this waste.

Read Blog

Blog November 13, 2025

Your NOC's Most Important New Skill? Ignoring Things

See why collecting more data has backfired, creating alert fatigue and burying critical problems in noise. Harness observability to focus on what’s relevant.

Read Blog