Holistic Business Risk is a research-based and practice-tested approach that helps organisations make risk shape business decisions as complexity grows.
Make risk shape decisions
Grounded in research. Refined in practice. Built for reality.
What Holistic Leaders Say
”I admire Vilma's pragmatic approach to risk management. Instead of looking at it purely as a matter of compliance that results in burdensome procedures and requirements, she favors a more holistic application in the decision making process.”
- Naveen Agarwal, Let's Talk Risk!
”Collaboration between regulators, market participants, and third-party experts is a testament to the shared commitment to sustainable growth in the fintech sector. Project initiated by Lietuvos bankas I Bank of Lithuania and expertly led by wonderful Vilma Nasteckiene, embedded best market practices to ensure a comprehensive and holistic approach to risk management in the EMI/PI sector."
- Lithuanian Fintech Association
”Vilma's focus on collaborative interface and the core idea that a lot of daily managing risk takes place outside the formal risk management system and risk department is convincing and resonates with my Riskwork collection ”
- prof. Mike Power, London School of Economics
Two different approaches to risk drive different behavior
Functional approach
Holistic approach
Risk is defined as a manageable object
Risk management is implemented rules-based to comply with external requirements
De facto risk management is delegated to Risk department, everyone else just reporting
Risk management procedures are disconnected from business management
Risk is perceived as an inevitable part of business
Risk management is manifested in aligned understanding of objectives and business as a whole (=objective based)
Everyone is involved in risk and business management and able to make decisions under uncertainty
Risk management is an integral part of collaborative practices based on accountability and collective intelligence
Many organisations practice functional risk management: risks are identified, reported and monitored, yet remain disconnected from strategic and operational decisions. This is a root cause of missing value creation for business.
Holistic risk management embeds uncertainty into leadership, governance and everyday management practice and turns risk from cost of compliance into business enabler.
These shifts become possible when risk management evolves together with business growth.
Less strategic drift
20–40% fewer strategic initiatives losing momentum due to unmanaged uncertainty
2–3× earlier visibility of risks affecting strategic objectives
What holistic risk management makes measurable
Fewer avoidable surprises
>50% reduction in avoidable surprises and increased resilience
30–60% faster escalation of critical uncertainties
40-70% increase in business-owned risk decisions and actions, and risk leadership
30–50% reduction in pushback against controls and guidelines
2 times less time spent preparing for audits, inspections, and evidence requests means efficient compliance
Greater consistency between practice, documentation, and regulatory expectations
Real risk ownership
More operational confidence
A system's willingness to become aware of problems is associated with its ability to act on them.
- Ron Westrum
How we can work together
Different organisations need different starting points.
Whether you want to rethink risk personally or redesign how it works across the organisation, there are practical ways to start.
A space to rethink risk together before complexity starts shaping decisions
Signature live programme | 2 cohorts per year
For CEOs, founders, and risk professionals ready to move beyond compliance rituals and reconnect risk with real decisions.
A leadership reset for organizations where risk management stopped evolving with business growth
A facilitated deep dive for leadership teams ready to rethink how risk can shape decisions and redesign way of working.
Start with a complimentary 30-minute Risk Detox call to explore where risk may be creating friction instead of clarity.
Risk Workout ©
Risk Detox ©
Not sure where to start?
Already interested?
Next cohort starts in September 2026
Trusted by...
Meet the human behind
Holistic Business Risk
Hi, I’m Dr. Vilma Nasteckienė -
researcher, educator, and pioneer of holistic business risk practice.
I am a creator of the lifecycle-based risk maturity model and founder of Holistic Business Risk.
My approach combines:
doctoral research into how risk management actually happens in organisations,
hands-on experience building operational risk and business continuity during the global financial crisis,
10+ years helping organisations move from silos to synergy,
and practical work with regulators, fintechs, founders, and risk leaders.
I am also a mother of two grown-up sons and motherhood probably taught me more about risk than any textbook ever could.
contact me:
e-mail:
+37068634532 WhatsApp
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