How a degree in risk management can strengthen CFO’s role in a company?
sdl2019-03-18T10:39:24+00:00These days, most of the major companies have risk management processes in order to identify, assess and respond to the ongoing and emerging risks to the business. However, many are still finding these processes, inadequate for today’s volatile environment. One essential gap is a strategic risk management, which involves an understanding of the critical, enterprise-wide risks affecting the company’s ability to reach all of its strategic aspirations. It also includes making deliberate choices as to which risks to take, and having explicit consideration of risk/return trade-offs during major business decisions. Role of the CFOs A good strategic risk management requires a combined [...]
