MB Executive
1 total work
Publication Date: September 2000 Risk awareness and assessment is now crucial to the financial well-being of companies, both in the private and non-profit sectors. Companies have come to realise that they need to face up to their risk management responsibilities. Failure to do so could lead not only to firms losing competitiveness but also exposing themselves to a range of potential losses which could threaten their very existence. As a result, senior executives are coming under mounting pressure to get to grips with the topic and keep up to date with new practices. This briefing provides executive managers with a practical introduction to risk management and guidance on their responsibilities. You will learn: *What risk responsibilities executive managers have *What systems need to be established to effectively manage risk *How to go about establishing risk management systems *How business currently approaches these problems Contents include: *The key concepts of risk management *Operational risk *Credit risk Financial risks *Risk management systems