Risk Intelligence in a Downturn
Balancing risk and reward in volatile times
Current economic conditions call for greater attention to risk management than ever before. Low consumer demand, limited access to credit, capital markets volatility, and the impacts of the global recession raise exposures far beyond acceptable limits if they’re not thoughtfully addressed.
Fortunately, the concept of Risk Intelligence has much to offer the process of managing risk under these challenging conditions. Deloitte’s newest publication, “Risk Intelligence in a Downturn: Balancing Risk and Reward in Volatile Times,” can be a useful guide in the efforts to enhance value through effective risk management – both during the recession and beyond - highlighting a sampling of issues to consider in risk management efforts, including:
- Aligning business goals with risk management priorities
- Taking calculated risks
- Managing public perceptions
- Cost reduction opportunities that improve risk effectiveness
- Fighting fraud
Learn more about risk intelligence in a downturn, as well as “lessons learned” from the recession as companies look toward better risk management in the future.
As used in this document, ‘Deloitte’ means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.