Forbes recently released the results of a survey showing the
amount of resources that financial companies are devoting to risk management.
After the financial crisis that took hold of the country in 2008, what theyfound shouldn’t be too surprising.
Most of the 192 U.S. executives from consumer and industrial products, life sciences, healthcare and technology/media/telecommunications industries that were surveyed said their organizations were looking at reorganizing and [reprioritizing] their approach to risk within the next 12 months; a whopping 91 percent reported that they plan to reorganize their approach to risk management over the next three years.
What is the cause of this new business priority? Volatility.
Forbes’ report shows increased volatility across 11 key risk areas. Perhaps
unsurprisingly, financial, strategic, and operating risks were of the highest
concern. The Forbes report is free to download, and should be required reading
for anyone in the finance or compliance industry.
Click here to register and download the Forbes White Paper,
and click here for more information on GRC from Merrill Corp Financial Experts.
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a suite of services that meets - and has
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