In this episode, Jonathan will explain “How to Manage Your Most Important Risk”. The metrics that most companies use to manage their business processes, specifically including managing risk, are not adequate for today’s business needs. These metrics are broad, aggregate measures like revenues, gross margins, and costs. They show whether a company is making money, but not where it is making money. Effective risk management requires metrics that show both.
The episode is based on a recent article that Jonathan and John Wass wrote for Chief Executive.