In a stable industry environment, decentralizing an organization's risk management activities provides a benefit by:

Decentralized risk models allow front-line units to manage risks directly, fostering ownership and faster decision-making. This is especially useful in stable environments where predictability allows standardization.

Extract from HRCI-aligned HR knowledge (Risk Management):

SPHR-level HR must evaluate “centralized vs. decentralized risk governance models.” In stable conditions, decentralization allows teams to manage risks autonomously, reducing bottlenecks and bureaucracy.