Risk Management in a Time of Global Uncertainty

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Does your company still have a long way to go to develop more robust risk-management capabilities and create a more risk-aware culture? If so, you're not alone. A recent Harvard Business Review Analytic Services survey found that over the past three years ‹ since the financial crisis ‹ risk management has grown in importance for most companies. Yet few executives believe their firms are excelling at the risk-management capabilities that are most critical to organizational performance. HBR recently talked with risk-management experts Michael Lusk, Vice President, Insurance & Risk Management for Archer Daniels Midland, and John Scott, Chief Risk Officer at Zurich Global Corporate, Zurich Financial Services, about best practices for managing enterprise risks in this uncertain environment and making risk management a competitive advantage.