They Will Take Their Chances – Did They Tell You Yet Your Chances, Risk and What Might It Cost You?
With all the recent catastrophes from Greece to Lehman Brothers to salmonella to BP, you would think everyone would see the value of effective enterprise risk management (ERM) programs to pass the fiscal quiz for their life and business. Yet many companies have no intention of adopting enterprise risk management, a survey finds, while many others have less than robust ERM processes. If you are starting to get concerned, Google the article by CFO Magazine titled They’ll Take Their Chances. You will find the survey very interesting and possibly very scary.
How to Improve Your Rank on the New Phase of Hunker Down Versus Grow – Call it Leadership, ERM Etc!
Simply put, a key issue in economic turbulence is always the balance between hunkering down too much (being too conservative) versus growing too much (being too optimistic). And when times are really turbulent like they are this year, the stakes for guessing wrong on this key component of balancing risks and rewards go up dramatically. Just think how hard it can be for you to change momentum from either direction, once executive leadership implemented the newest business model.
Why Leadership Skills Are Essential to Good Business Management
Why not find a way to improve your finance and personal life? Most readers will shake their heads yes on that statement. Surely such a lofty and personal benefit is worth a little work and soul searching.
