Financial Management & Risk

Showing 41-60 of 95

borison-500

How to Manage Risk (After Risk Management Has Failed)

Over the past decade, a number of the world’s respected companies have collapsed. A factor was these companies’ approach to risk management. Two different views have evolved on how risk should be assessed. The first — the frequentist view — is based on historical data. The second, or Bayesian, considers risk to be in part a judgment of the observer. Many measures are being deployed to prevent future crises — a shift from frequentist to Bayesian risk management should be part of this effort.

018-Strategy-500

Must Economic Forecasts Always Fail?

  • Blog
  • Read Time: 1 min 

How can managers better understand the problems inherent in economic forecasting and still make reasonable projections for their companies? In the recent article “Why Forecasts Fail. What to Do Instead,” the authors advise that managers first accept that they’re operating with uncertainty.

advertisement

advertisement

advertisement

Showing 41-60 of 95