by Rick Nason, PhD, CFA
Partner, RSD Solutions Inc
Is your risk management theatre? It is a lot of show for the sake of showing stakeholders, creditors, regulators, rating agencies, or perhaps even your parents that you are doing something? Or is your risk management grounded in solid managerial principles – focusing on increasing the probability and magnitude of good risk events happening while simultaneously working to decrease the probability and severity of bad risk events happening? Is your risk management for show or for go?
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