Risk management isn’t just a matter of complex financial models and formal risk-management systems. It is an essential value-creating activity that should inform the strategic debate at every level of the organization. Here are ten basic principles that should govern “the art of risk management.”
Content: Article | Authors: Fabian Günther, Frank Plaschke, Marc Rodt, Ulrich Pidun | Source: Boston Consulting Group (BCG) | Subject: Risk Management
Given the instability and unpredictability of the new global reality, companies must learn to be as agile and adaptable as possible. In this new era of heightened economic volatility, planning becomes more, rather than less, critical. BCG highlights ten guiding principles for improving effectiveness and efficiency in the planning process.
Content: Article | Authors: Fabian Günther, Fabrice Roghé, Frank Plaschke | Source: Boston Consulting Group (BCG) | Subject: Management