Risk Management

I just got in after day one of the UCLA Anderson School Directors Education and Certification Program.  The class is a learning opportunity for corporate directors to get their skills sharpened.  I was honored to coordinate a session on Enterprise Risk Management.  The session was a success with director interest in managing risk at an all time high.

After the financial meltdown it is time for business to get the reward back into the risk thinking of management.  This is a subject that requires some enthusiasm to get people to think about risk in a positive way.  We heard from legal experts that risk management will be on the agenda for both the SEC and proposed legislation.

This is a subject that aligns and supports business strategy.  Directors have reason to ensure that the management of their companies think about risk.  Business will need to get good at risk thinking to survive and thrive in the coming days.   Back to school tomorrow.

UCLA Executive Education is highly recommended for keeping your career skills sharp.  Lots of smart people in the room.