April 2000
Beginner
304 pages
6h 58m
English
Content preview from Risk: The New Management Imperative in FinanceBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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The Global Risk Management Development Model 15
Risk Management is situated between senior management and the operating infrastructure. A colleague describes this as being squeezed in a vice, caught between senior management's wishes and the reality of operations. I prefer to view it as a vital connection between strategic imperatives and daily practice. Let's look at the three pieces (Exhibit 15.1).
Exhibit 15.1 Risk Management: Development Model
MANAGEMENT DIRECTION
Senior management provides overall direction, based on strategic considerations. After examining the firm's strengths and weaknesses and its position in the markets, they determine ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.