Aligning risk and the pursuit of shareholder value

As risk, regulatory and capital management needs have intensified, management teams at many financial institutions have recognized the need for a new approach to risk management. They’ve learned that ad hoc or piecemeal responses to regulatory changes and shareholder demands may not have paid off. There is an opportunity at stake to strengthen not only the management of risk, but the management of capital and operations. 

So where should they begin and how should they shift their approach so that risk management is a discipline which is embedded across the enterprise?