The Hard Work of Culture-Building

For risk management to be truly everyone’s business, actions must be taken that are far more bold and encompassing than mere structural tweaks.

Monday, October 05, 2009 , By Hank Prybylski

Financial firms have learned a crucial lesson from the economic crisis: There is a better way to manage risk. Although many people limit their thinking about past failures just to independent control groups, risk management is much broader than that. It must be interwoven with business strategy and even corporate culture to foster the proper balance of risk and return throughout an organization.

This content can be accessed by GARP Individual Members only.
Continue Reading

Already a Member? Login Here
Not an Individual Member? Upgrade Now

Risk Management e-Journal
The Risk Management e-Journal publishes paper abstracts on the topics that matter most to risk professionals. See what your risk manager colleagues are reading about today.




Get Free Updates on the Dodd-Frank Act
Register for Morrison & Foerster's FrankNDodd service to receive Daily News Alerts on the Dodd-Frank Act, gain access to regulatory highlights and commentary, and use the exclusive FrankNDodd Tracker tool.


Banner Picture