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Boards of directors play a pivotal role in
changing corporate culture through risk appetite and related risk
tolerances. |
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Can risk culture be taught? There's no lack
of advice, frameworks and tools for corporations seeking to instill
risk-aware values. Plus: Two new books convey important
lessons. |
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Risk professionals who want to influence
executive strategy could start by changing their mindset -- and the
way they communicate with senior management. |
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Wall Street can attest to the effectiveness
of the U.S. Treasury's Troubled Asset Relief Program. However,
consumers and small businesses are still struggling, and the
program has not resolved the "too big to fail" dilemma. |