At a recent Columbia SPS Author Spotlight, ERM Associate Director and Lecturer Rich Lauria and Capita Solutions CEO John Burkhardt explored how managing risk starts with understanding the mind.
Operational risk can never be 100% eliminated, and management must decide what level of operational risk it is comfortable accepting. While businesses often seek to reduce risk through contracts or ...
A business that does not address risk management from the onset is one that will find itself vulnerable to the various intangible things that happen. There are four primary methods a company can plan ...
Financial risk, which is the probability of financial loss, can arise in numerous business and investment scenarios. For instance, a business can't launch a product or service without taking on risk.
Even if you don't care much about politics, politics affects your business. Political risk factors can include war, policy changes, political protests and terrorist attacks. Predicting political risk ...
Designed to address the needs of users and patients. Designed to meet inputs and requirements. Proven to meet applicable standards. Meets performance criteria. Realize Design Controls and Risk ...
Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Thomas J. Brock is a CFA and CPA with more than 20 ...
As the United States and the rest of the world move toward reopening economies, businesses will begin to shift from survival mode to “back to business.” But back to business may not be the same for ...
If the past few years have taught us anything, expect the unexpected. That unpredictability extends to events and reminds us that effective risk management is an often unspoken key to success. Whether ...