Managing in turbulent times | Second annual business risk report — insurance 2009 Global financial market events have created unprecedented challenges for the insurance industry. Risks are inherent in every forward-looking business decision and therefore, successful risk management should be an integral part of an organization’s strategy and operations. The economic downturn has taught us that the most important risks are the ones we did not see or anticipate. Read the top 10 risks most likely to affect the insurance sector during 2009 (pdf, 583kb). Detecting financial statement fraud: what every manager needs to know Given the state of the economy, falling energy prices and recent corporate scandals, fraud remains a top concern for corporate executives.The implications for management are clear: Every organization is vulnerable to fraud, and managers must know how to detect it — or at least when to suspect it. That’s why we’ve outlined which schemes, red flags and financial misstatements you’ll want to pay special attention to (pdf, 904kb).
Opportunities in adversity The current economic crisis is calling into question business model fundamentals and putting all companies under stress. So, is it possible to prosper in a global downturn? We researched this question with over 300 global executives. |
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