Creating Strategic Value byBalancing Risk and Opportunities
Issue 1, 2005
Risk

No risk - no reward? The old mantra of business seems to have lost its meaning: cut-throat competition, ever-emerging markets and a general loss of trust in economic stability has led many corporations to tread overly carefully. But help is on the way. In the last couple of years, risk management tools and methodology from the financial services sector have been more and more transferred into everyday business. In this article Brecht and Bassler explain the foundations of this approach.