6 Ways companies mismanage risk

Deskripsi

As investors tot up their losses from the financial crisis, many will be asking themselves, How did Wall Street mess up so badly? Of course, financial institutions can suffer spectacular losses even when their risk management is first-rate. In the following pages, I'll explore the six paths to failure in detail. The six paths are: 1. Relying on historical data. 2. Focusing on narrow measures. 3. Overlooking knowable risks. 4. Overlooking concealed risks. 5. Failing to communicate. 6. Not managing in real time..Printed journal