Tag "risk culture"
Finance
International
Risk management should span the company
Experience shows risk management can be pushed down from top levels to involve front-line staff. Because risk and uncertainty are often too complex for centralized systems to manage, it should
Economics
International
Risk literacy required at all corporate levels
The strategic process is fraught with uncertainty. Misunderstanding uncertainty and risk can undermine strategic efforts, but implementing risk literacy at all corporate levels can help mitigate the effects. Strategic management involves