Business survival requires organizations to take risk. Successful firms manage risk well while those that struggle with risk management suffer. The unprecedented breakdown of credit markets and eye-opening demise of well established financial institutions have led companies small and large to pause, look at themselves, and ask: What’s our risk? Do we have a handle on it? Is that good enough?

This white paper explains why successful firms need a solid risk management program, takes a look at factors that get in the way of successful risk management, and outlines key considerations for implementing a risk management program.