10 Minutes on building Enterprise Risk Management in companies in Russia, the CIS and CEE

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Companies around the world must today deal with risks that are much more interconnected and therefore more challenging to manage than those they were dealing with under more favourable economic conditions. Never before has sound risk management been so important for company profitability and, in some cases, survival.

Risk management is by no means a new initiative; it has been around since the 1980s. Indeed, companies inherently have always been managing risks. Active discussion at the executive level around investment decisions and successful change management activities are all examples of risk management in action, even though sometimes applied informally.

 
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