2010 Perspective On Business Risk
Source: Deloitte LLP
The global economy has just gone through one of the worst downturns in business history. Both causes of the economic turmoil and solutions for surviving it share a common theme: the need for more effective risk management. Perhaps the two biggest lessons coming out of the credit and financial crisis are the need for companies in all industries to take a broader view of risk and for those at the highest levels of the organizations, particularly the C-suite officers and boards of directors, to be more focused on it.