Business Services Industry
Successful Risk Programs: Be Strategic.
Mondaq Business Briefing, December, 2004 by Mark Carey
by Mark Carey, CEO, DelCreo, Inc.
Do you want the budget, resources, and management support for your risk program to be a success?
Then, be strategic.
In my more than 10 years in the field of risk, I have observed that strategic planning does not seem to be an area where many Risk Professionals excel. However, in a recent conversation I had with a Fortune 50 CFO, the key question on the table was, "How should my company align and integrate our risk management activities into the strategic planning processes used by our businesses?"
I have conducted many interviews with Risk Professionals to ask them what challenges they face, and I consistently hear the following two answers:
"I am always struggling to get adequate budget,...
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