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Stepping into the Unknown: How Companies Learn through Risk Management

By: Anette Mikes
  • Format:Print
  • | Pages:4
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Abstract

Risk management can add value through the continuous questioning of existing controls, strategies, and scenarios. The article outlines a new framework for risk management predicated on the notion of organizational learning, and illustrates it by a case study of a company that combined the strengths of a tripartite risk management function, deploying both independent and embedded risk managers.

Keywords

Learning; Framework; Governance Controls; Risk Management; Organizational Change and Adaptation

Citation

Mikes, Anette. "Stepping into the Unknown: How Companies Learn through Risk Management." FS Focus 50 (June 2011): 22–25.

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