By the time a corporate crisis occurs, it may be too late to save the company. Headline scandals or the image of a handcuffed CEO is a powerful reminder of what happens when governance goes bad, but this is only the tip of the emerging corporate risk agenda.
The broader dilemma that corporate executives and directors need to address proactively is: How do you manage risk across increasingly complex business operations without eviscerating the bold initiatives that fuel growth?
While stakeholders clamor for greater disclosure and structural reform, they also demand improved—and more predictable—financial results. These competing external pressures have raised the bar on risk management and corporate governance.
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