How CEOs can mitigate compounding risks
When risks combine, the cumulative impact can have existential consequences. But leaders can prevent compounding risks from sneaking up on them by adapting risk processes to manage multiple threats.
Content: Article | Authors: Celia Huber, Ophelia Usher, Ram Charan | Source: McKinsey Quarterly | Subject: Risk Management
The Disaster You Could Have Stopped: Preparing for Extraordinary Risks
Ignoring high-consequence, low-likelihood risks can be damaging to an organization, but preparing for everything is impossibly costly. Here is how leaders can make the right investments.
Content: Article | Authors: Fritz Nauck, Leigh Weiss, Ophelia Usher | Source: McKinsey Quarterly | Subject: Risk Management