Much is written about risk, with directives to senior executives on how to manage it effectively and to boards on how to provide meaningful oversight. But what we read is comprised not only of the good, but also the bad and the ugly, causing intelligent executives and directors to struggle to recognize what really makes sense.
In an attempt to bring some light to the topic, outlined here are the ugliest of the ugly ways for companies to manage risk. It’s a “top ten” list, ala the no-longer-late night TV host David Letterman, which hopefully will provide insight into exactly what not to do!
