Putting Risk In The Comfort Zone: Nine Principles For Building The Risk Intelligent Enterprise
Source: Deloitte LLP
Risk is often thought of in terms of threats - bad things happening to your business. But risk also has a positive side, one that applies to value creation and risk taking for reward. Introducing new products, entering foreign markets, acquiring competitors, forging partnerships - all are challenging endeavors, and if you don't properly manage the associated risks, you may not reap the potential rewards. This Fundamental Principles series outlines the nine principles of a Risk Intelligent EnterpriseTM as well as insights and practical steps for incorporating the concepts within your organization.