Why risk needs to be embedded in your strategy

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Risk: The missing link in your strategy
Natural disasters, financial crises, frauds, scandals and the sheer amount of competition mean that companies today are more susceptible to risk than ever before. And while a certain amount of it is integral to the functioning and success of a business, this can certainly backfire if there isn’t a sound risk management strategy in place. And as most successful enterprises and executives would attest, decision-making and risk management need to go hand in hand for an organisation to stop merely surviving and start thriving.

It’s no surprise, then, that an increasing number of executives are looking to their Enterprise Risk Management (ERM) function for more than just mitigating and managing risks. The…

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