Author Archives for Richard Smith-Bingham

Risks Illustrate Imperative to Balance Corporate Ambition with Resilience

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A positive outlook for the global economy notwithstanding, the operating and investment risk for companies in today’s global environment should not be underestimated. Building resilience against a wide and expanding array of potential shocks will be required for sustainable success. For corporate directors, this is a time for challenging institutional assumptions — and recognizing not just that new risks are appearing on the horizon but that operational risks may become strategic ones, known risks may become unknown, controllable risks may become uncontrollable, and risks assumed to be acceptable may acquire “fat tails.” The newly released Global Risks Report, prepared by... Read More