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Working Paper: Making Risk Management a Value-Adding Function in the Boardroom

McKinsey & Company

During the past decade, unforeseen risk combined with either poor or good risk management often had more impact on corporate performance than superior strategy or outstanding execution.  This working paper first examines the enterprise risk management (ERM) landscape: current shortfalls, potential benefits, and approaches.  To the growing body of common wisdom about ERM, it then adds eight recommendations designed to help boards understand, monitor, and manage risk more effectively.

Mentions: Corporate Performance Risk Management Management