Scenario Planning and Contingency Planning

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Scenario Planning and Contingency Planning : Scenario planning is a technique used to learn about the future by understanding the nature and impact of the most uncertain and important driving forces affecting our future, so you can be prepared to succeed in a changing world. Read more.

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Send In The Chief Risk Officer

By Sandra Pundmann and Bill Kobel Stay out of jail. Stay off the 6 o'clock news. Maintain your customers' trust. Continue to reward your shareholders. While these may not be the sexiest business goals and not what most executives state publicly, they're at the root of why many companies are designing strong risk-management programs. Most businesses want to minimize their liability and related management costs, and are betting that a good enterprise risk-management plan, integrated with a chief risk officer (CRO), will make that happen (Added: 20-Jun-2005 Hits: 501)

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