The author discusses three elements that he considers essential for a successful risk management program in today's marine transportation system: (1) A strong commitment in the organization, beginning with senior management, to a shared risk management program; (2) Open communication and teaming among government and industry partners in order to promote successful implementation of these programs; and (3) Being proactive in implementation to improve performance and outcomes. He points out that risk management can no longer mean public agencies overstressing administrative procedures, regulatory controls, and action avoidance, but should mean being able to systematically assess circumstances, being prepared to make informed judgments about policy, operations, financial, and political situations, and being willing to act.