Aleksander Hansen
Well-Known Member
Stanford University will be hosting this webinar (free for the general public):
The Upside of Risk: A Better Way to View Enterprise Risk Management
January 30th at 9am Pacific Time.
"As more and more companies implement Enterprise Risk Management (ERM) programs, forward-thinking companies are moving beyond risk protection and compliance to embrace the upside of risk.
Many organizations "manage risk" in such a way as to avoid loss. But by taking a strategic view -- one that embraces the upside as well as the downside, leading corporations create competitive advantage.
Traditional ERM focuses on low-probability, high consequence risks, yet most of the value impairment comes from the uncertainty in the value drivers of businesses. Value-Driven ERM is comprehensive and considers all uncertainty on a consistent basis so that management can recognize the key sources of risk and opportunity by business unit and across the entire enterprise. With such a comprehensive picture, management can embrace uncertainty, instead of eliminating risk, and manage exposure in a way that creates shareholder value."
The Upside of Risk: A Better Way to View Enterprise Risk Management
January 30th at 9am Pacific Time.
"As more and more companies implement Enterprise Risk Management (ERM) programs, forward-thinking companies are moving beyond risk protection and compliance to embrace the upside of risk.
Many organizations "manage risk" in such a way as to avoid loss. But by taking a strategic view -- one that embraces the upside as well as the downside, leading corporations create competitive advantage.
Traditional ERM focuses on low-probability, high consequence risks, yet most of the value impairment comes from the uncertainty in the value drivers of businesses. Value-Driven ERM is comprehensive and considers all uncertainty on a consistent basis so that management can recognize the key sources of risk and opportunity by business unit and across the entire enterprise. With such a comprehensive picture, management can embrace uncertainty, instead of eliminating risk, and manage exposure in a way that creates shareholder value."
