This week the Insurance & Financial Advisor News, posted an article titled Companies that Value Risk Management see Better Growth: PwC.
In the article the author explains that most executives feel today that more risks are on the rise, however, most companies are not increasing risk management needs. Through a PwC survey, risk management leaders distinguish themselves in four key areas:
- Risk management leaders understand how risks interconnect and impact business
- Risk management leaders have a strategic understanding of their risk appetite and are willing to take risks
- Risk management leaders are more aligned across business units
- Risk management leaders apply more sophisticated techniques
Click below to read the full article.