Looking for Risk in All the Wrong Places?

April 30, 2013 by Bonnie D. Graham 0

Today’s buzz: Risk. Can ignorance of risk be bliss? Should risk responsibility fall on your CEO, CFO, CRO? Burning questions. You need answers. Now. The experts speak.

Fiona Williams, Deloitte & Touche: “A Deloitte and Forbes Insights 2012 survey [found] … a surprising 91% of companies plan to reorganize and reprioritize their risk management approaches in the next three years…”

Scott L. Mitchell, OCEG: “We all know that even the best-laid plans of mice and men oft go astray (Robert Burns’ poem, ‘To a Mouse’). To execute with this expectation is much harder to do than say … our Plans B, C, D, E, and F are as likely as Plan A when it comes to the strategic things that really matter most.”

Bruce McQuaig, SAP: “A recent survey by North Carolina State ERM Initiative identified the top 10 global risks … there is no clear evidence that risk management practices have fundamentally changed and that the past will not be repeated.”

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