Article
Risk Transformation
Aligning risk and the pursuit of shareholder value
While financial institutions may have borne the brunt of the most recent regulatory storm, virtually all companies operating on a significant scale face similar challenges, albeit in different ways and at a different scale. These challenges demand a shift in management focus, from risk management as a corporate function to risk management as a discipline which is embedded across the enterprise and viewed as a strategic asset.
How is such a state achieved? This white paper sets forth the four cornerstones of an approach to risk management – to help make risk management an ingrained discipline throughout the organization.
These challenges demand a shift in management focus, from risk management as a corporate function to risk management as a discipline which is embedded across the enterprise and viewed as a strategic asset.
A Risk Transformation is one that only the executive team and board can lead. Given the current and foreseeable environment, it is a transformation well worth leading.