Los Angeles Controller: City Should Take a New Look at Managing Risk

January 14, 2008

  • January 24, 2008 at 9:44 am
    Patrick Johnston says:
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    With reference to the City of Los Angeles spending millions in lawsuits, this is typical of any city USA. The problems are characteristically not with effective Risk Management programs. Not knowing anything about the City of Los Angeles Risk Management program, I would be willing to guess that programs are available and in place. It’s been my experience that the Commissioners, Directors, Managers and Supervisors have their hands full administering to budgets, citizen’s request, open records request, political whims, etc. Also, the Risk Management program tends to be buried three levels of management down in a Treasury, Finance or Law Dept. The Director of the Risk Management Department needs to be a Chief Risk Officer or Sr. Management Advisor position reporting jointly to the Mayor and Council with frequent communications addressing all forms of risk. Until Risk Management is considered an equal consideration to budgeting, finance, law, etc., you will continue to see law suits in any city USA, not for lack of Risk Management programs but for lack of priority consideration.

  • March 21, 2008 at 5:47 am
    LLH says:
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    Your comments are very true and you make a good point in the end. Do you really believe with this “sue happy” population that risk management can cover all situations?



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