ASHOK PRABHU’s Post

Good post on #risk as it relates to #CorporateGovernance by Erin Essenmacher. Understanding the risk profile of a company (its risk appetite and risk tolerance) is the responsibility of every board #leader. I especially liked the comments by Herman Bulls in the article. #RiskCommittee #Governance #CyberRisk #BusinessRisk https://lnkd.in/etqrbMRJ

 Everything the #board is responsible for comes down to two key fundamentals: oversight of #strategy and oversight of #risk — and usually the interplay of both. Over the past decade, boards have leaned further into the former, a reflection of how critical strategy is to #growth. Still, #RiskOversight is at the core of the board's fundamental #fiduciary duties.    Directors & Boards #BoardOfDirectors #CorporateGovernance

How to Think About Risk: Howard Marks’s Comprehensive Guide An essential guide for anyone serious about mastering risk. https://lnkd.in/eJR_zbjQ #risk #howardmarks

"The firm's risk management capabilities need to be commensurate with the risks it expects to take" said Jerome Powell, Chairman of the Federal Reserve. He emphasizes that aligning business strategy with risk appetite is key to minimizing exposure to unexpected losses. However, what is often overlooked is investment in risk management capabilities to also be commensurate with risk appetites. Too often, boards and committees preach low risk appetites while failing to invest in risk functions, GRC, training, or risk head count to effectively detect, mitigate and report, which only creates additional risk. As businesses scale, it's essential to scale risk functions as well. Remember, we reap what we sow folks! #riskmanagement

How can organisations unlock opportunity and both protect and create value in the face of complex, ever-changing risk? #LetsChangeTheWayWeSeeRisk and explore PwC’s Global Risk Survey 2023 to learn how a leading group of ‘Risk Pioneers’ are doing just that—taking risk intelligently in pursuit of growth and opportunity, powered by technology and led by diverse and innovative thinking.💡 #HumanLedTechPowered #RiskManagement #PwcRisk

5 concerns for risk managers in 2022 and beyond It is that time of the year again, we will soon start seeing top 5, 10 and 100 risk lists from every broker and consultant on the planet. Let me… Continue reading 5 concerns for risk managers in 2022 and beyond Join the mailing list for more articles and risk events

"I believe there are three things risk managers of the future will be doing. Today, most of you are doing number 1, some, very few, are doing number 2 and almost no one is doing number 3." Learn more reading "Three strategies for a modern risk manager" #strategies #riskmanagers #RiskManagement

In an era of uncertainties, risk management isn’t just an option—it’s a necessity. But traditional methods may no longer cut it.   Want to know how? https://lnkd.in/g29CwDz8   🔢 Enter risk management analytics, a game-changer for organizations seeking actionable insights to mitigate risks effectively. By leveraging advanced analytics, businesses can: ✅ Anticipate and manage risks proactively ✅ Enhance decision-making with data-driven insights ✅ Protect against potential disruptions   🌟 At Quantzig, we empower businesses to stay resilient in the face of evolving challenges.    #RiskManagement #AdvancedAnalytics #BusinessResilience #DataDrivenDecisions #PredictiveInsights #RiskMitigation #BusinessContinuity #DigitalInnovation #Quantzig

PwC’s Global Risk Survey 2023 reveals how, for a leading group of Risk Pioneers, technology is now critical to unlocking opportunity in risk amid constant change and need for transformation. Read the full report to learn how these Risk Pioneers are leading the way and building resilience—and five ways you can follow. 💡#RiskManagement #PwcRisk

I am not sure whether Tucker is IYI, corrupt or being contrarian for the sake of being contrarian at the cost of losing connect to reality but he certainly failed risk management 101. Read more 👉 https://lttr.ai/ASEtG #LosingConnect #Riskacademy #Alexsidorenko #Decisionmaking #Riskmanagement #HugeRedFlag #PracticalCaseStudies #AdvancedRiskGovernance #TraditionalRiskGovernance #FinanceRunsScenarios #riskacademy #alexsidorenko #decisionmaking #riskmanagement