Risk – Every Picture Tells a Story Don’t It?
http://www.mckinseyquarterly.com/Risk/Corporate_Risk/Risk_Seeing_around_the_corner
The financial crisis has reminded us of the valuable lesson that risks gone bad in one part of the economy can set off chain reactions in areas that may seem completely unrelated. In fact, risk managers and other executives fail to anticipate the effects, both negative and positive, of events that occur routinely throughout the business cycle. Their impact can be substantial—often, much more substantial than it seems initially.
Posted: October 15th, 2009
at 3:44am by Fay Feeney
Tagged with • best practices, • corporate board, • corporate governance, • Enterprise Risk Management, • envision strategic group, • ERM, • fay feeney, • risk, • risk assessment, corporate governance, fay feeney
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