Tag "competitive advantage"

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North America Technology and infrastructure

GM’s risk management failures provide lessons for other firms

Strategic fails afford valuable lessons. There is something to be learned from the spectacular recent failure of General Motors’ once highly-touted enterprise risk management program. In 2012, G. Mustafa Mohatarem,

Finance International

Risk management is at the core of strategy development

Strategy does not just happen. It is the result of a systematic process and risk management is at the core. Strategy is a dynamic process characterized by three distinct stages:

Economics International

Corporate risk management still lags behind

The good news is strategic risk management is beginning to gain traction. The bad news is practitioners still think traditionally. A survey released recently by Deloitte and Forbes Insight, celebrates

Finance International

Why corporate cultures needs to adopt risk management

If we accept the idea that risk management is part of a corporation’s competitive advantage, and thus part of its value chain, important implications follow. Key among them is Enterprise

Finance International

A Secret for Success: Understanding Risk Management

If the state of risk analysis could stand some improvement, what does that say about risk management?  The point is, flawed risk analysis leads to poor risk management: garbage in,