From Recession to Recovery: A Risk Intelligent Strategy for All Economic Times




Deloitte Insights Podcast show

Summary: Today's turbulent economic environment calls for greater attention to risk management than ever before. Stressors such as low consumer demand, limited access to credit, market uncertainty and the global recession can increase risk exposures far above acceptable levels — especially if risk management activities don't receive the proper amount of attention. It sounds somber, but there's good news. The volatile environment has also highlighted risk management as a key driver of value for business leaders who embrace the opportunities that risk can create. And, a strategic view of risk can help executives protect and pursue enterprise value throughout the recession and beyond. Highlights: What does it mean to be “Risk Intelligent,” and how does that play into today's current environment? During a recession, leaders need to be especially vigilant about aligning business goals with risk management objectives. What is the significance of this alignment? Should companies continue to take risks in a down economy — or is that considered sheer recklessness? What are some ways cost reduction opportunities could actually improve risk management effectiveness? Guests: Sandy Pundmann, partner, Deloitte & Touche LLP Tim Lupfer, director, Deloitte Consulting LLP Wim Eysink, partner, Deloitte Netherlands