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March 2010
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Integration of Control and Risk Management

For both indus­trial and finan­cial organizations.

This prac­tices addresses a huge short­com­ing within our economy. Industrial firms need to find bet­ter ways to ben­e­fit from their risky envi­ron­ments rather than solely try­ing to insu­late themselves. Financial firms must address con­trol issues, par­tic­u­larly incen­tive issues, and espe­cially per­for­mance mea­sure­ment issues, within their oper­a­tions as a way to mit­i­gate poten­tial dis­as­ters and reduce the mag­ni­tude of their feast-​to-​famine cycles.

By uti­liz­ing our exper­tise in man­age­r­ial con­trol and risk man­age­ment we are offer this new advi­sory ser­vice. Espe­cially for indus­trial firms, our focus goes beyond “risk” man­age­ment or “risk” mit­i­ga­tion to ask: how can your firm embrace and profit from the risky envi­ron­ment rather than sim­ply insu­late itself?

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