Tag "Walter Bagehot"
Finance
International
To understand risk management, look to heuristics
From the Bible to Bagehot, heuristics have been central to risk management culture. The 21st century science of risk management needs to work hand-in-hand with the age-old art of heuristics. Heuristics—
Finance
International
Companies shouldn’t risk how they manage risk
To quote UCLA Coach John Wooden, “Never mistake activity for achievement.” Integrating risk management into the corporate value chain is a daunting proposition. Policy is not enough. Execution is critical.
