Putting Risk in the Comfort Zone: Nine Principles for Building the Risk Intelligent Enterprise™
Issue No. 1 in the Risk Intelligence Fundamental Principles series
Risk is often thought of in terms of threats — bad things happening to your business. But risk also has a positive side, one that applies to value creation and risk taking for reward.
Introducing new products, entering foreign markets, acquiring competitors, forging partnerships — all are challenging endeavors, and if you don’t properly manage the associated risks, you may not reap the potential rewards.
The first installment in the Fundamental Principles series outlines the nine principles of a Risk Intelligent Enterprise TM as well as insights and practical steps for incorporating the concepts within your organization.