A downturn makes taking risk more daunting than ever—and more necessary.
Effective risk management oversight by boards of directors — accompanied by risk-centric culture and governance — is the best defense against earnings surprises, reputational and legal problems, and financial ruin. Here are seven essential questions every board must consider.
Current methods focus more on accounting for losses rather than preventing them.
Managing business risk has always been a strategic imperative, but perhaps never more so than today. Explosive global expansion, ever-more-onerous regulatory oversight and an...
CEOs should build a culture that copes with the unforeseen.
To fulfill its enormous pension fund obligations, General Motors turns to riskier investments.