This paper addresses strategic risk management as an essential discipline for the sustainability of large corporations in an environment marked by increasing uncertainties and rapid transformations.

In this article we describe strategic risk management at the LEGO Group, which is based on an initiative started in late 2006 and led by Hans Læ ssøe, senior director of strategic risk management at ...

Risk management should not just be a checklist to be compliant. Rather, it should be a source of value, inextricably tied to your business strategy. Purpose-driven and customer-centric risk management ...

Strategic management deals with the long-term goals of a business rather than the day-to-day operations. These plans often make projections that extend three to five years out. In addition to creating ...

Accountants typically have significant training and experience in managing risks related to internal controls, financial reporting, and other compliance matters—traditional skills they can leverage to ...

Strategic risk management is not well understood in the sense of seeing how threats are interconnected. Deloitte has firm recommendations that help avoid taking tactical decisions which deliver ...

Investment risk refers to the potential for an investment to experience a loss or deviation from its expected return and can come from a variety of places. All investments carry some level of risk ...

From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

In the late 1990s, online bookseller Amazon had a very uncertain future. Now its market capitalization is almost $900 billion. And it has revolutionized retailing. Around the same time, it would have ...

University of Colorado Boulder is committed to managing its risks proactively, holistically, and ensuring that risk management is an integral part of all university activities and a core capability.