We’re pleased to share Part 2 of our Understanding Risk Grey Paper series: Soft Risks.

Many organizations focus on visible risks, yet the strongest drivers of safety, reliability, and performance are often cultural rather than technical. This paper explores how leadership, experience, and organizational behaviors quietly shape operational outcomes long before traditional metrics change.

As the paper explains, “soft risks” are not risks themselves — they are the forces that can amplify, reduce, or even create vulnerabilities across an organization. When strong, they build resilience; when weak, they create blind spots.