Most organizations check the governance box, then deploy agents with no real controls.

Operating leverage is the fraction of a company's costs that are fixed. Firms with a lower fraction of variable costs and a higher fraction of fixed costs have a higher operating leverage, which means ...

Identifying and assessing operational risk lets you make changes in your company to secure operations and reduce risk of business failure. Operational risk is the total of risks you run when operating ...

Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of ...

Operational risk is often described as the “silent disruptor” of the financial world. Unlike credit risk or market risk, which are measurable and frequently modeled with precision, operational risk is ...

Operational risk scenario analysis has existed for a long time. Why is it under more scrutiny now? Patrick Naim, Elseware: I wouldn’t describe it as scrutiny so much as more ambitious objectives for ...

A vendor-driven pharmaceutical event should be classified by where governance failed, not by which function experiences the ...

In a previous post, we suggested that to grow financially sustainable enterprises (social or otherwise) it’s important to build off of the demand for “choice”—not just the “needs”—of an underserved ...

Learn how to measure, manage, and control financial risk with proven strategies and insights that can help protect your ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...