What does Tiger Woods have to do with “All eggs in one basket”? Nothing except that Accenture decided to treat Tiger woods as the “ONE BASKET” that will deliver exceptional gains for Accenture.
Foundation of risk management is the “Wipro Top 10 Risks approach”. Basically, this involves identifying and managing top 10 risks of the organisation.
Rapidly changing economic and market conditions give rise to unusual changes in risks for many organizations.We take two very critical issues in such a situation.
Commodity futures and options are more recent when compared to equity futures and options. They are also the lesser understood by the layman compared to their counterparts.
With so much happening around every person from every walk of life, one would believe that risk management career is the best option for a recent graduate. But that is not entirely true.
To effectively monitor operational losses, apart from getting effective loss data, you also need data on insurance recoveries to be able to take effective risk management decisions.
1. Board should have needed expertise and be provided vital information 2. Strategy and risk appetite need to be well linked 3. Risk management should be considered as an independent function 4.
By the time you finish reading this, you will be in a position to minimize frauds that occur a result of poor internal controls. But you will not be able to make these controls fool proof. Why?
