David McCann, CFO.com | US
September 23, 2009
Can't help feeling that these are not exhaustive and there is more to risk management than meets the eye, otherwise we would not have seen the collapase of many financial institutions last year. Secondly, risks alone is not sufficient, one must adequately train staff from bottom up to take accountability of observing, analysing and foreseeing worse case scenarios that may occur. A situation analysis combined with risk analysis may be a better bet combining marketing and financial disciplines to take account of factors that may be outside the scope of CFOs.
Posted by Jon Tay | Sep 25, 2009 12:25 PM ET
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