Risk Culture: A Practical Guide to Building and Strengthening the Fabric of Risk Management

Risk, or the uncertainty regarding a future event or outcome, characterizes much of what banks, industrial corporations, and governmental agencies must deal with on a daily basis. Failure to recognize, quantify and manage risk can lead to significant problems. The very fact that risk exists and has the potential to create negative results means that, it has to be actively managed. And, while the quantitative models and governance frameworks used to manage risks are by now well established, ...