Is Risk Management Overblown?
Someone recently told me that we’re really overdoing it with so much present-day focus on risk management and best practices for risk. I responded by saying that I looked at this as sort of a coin toss: heads you establish a risk management committee; tails you are forced to establish a crisis management committee. If you are a corporate officer or board member, would you choose heads or tails? I know where I would place my bet. Good Luck! Theodore F. di Stefano is a founder and managing partner at Capital Source Partners, which provides a wide range of investment banking services to the small and medium-sized business. He is also a frequent speaker to business groups on financial and corporate governance matters. He can be contacted at Ted@capitalsourcepartners.com. Click here for more podcasts.