35 years: Strategic risk management and governance
In this video, Hans-Kristian looks at risk-based decision-making, exploring how corporates can make better investment and capital allocation decisions in a complex and unpredictable world. He also focuses on the role of the business case and how corporates can improve it to ensure that capital is allocated to the opportunities that are most likely to generate the greatest value.
In this video, Hans-Kristian looks at risk-based decision-making, exploring how corporates can make better investment and capital allocation decisions in a complex and unpredictable world. He also focuses on the role of the business case and how corporates can improve it to ensure that capital is allocated to the opportunities that are most likely to generate the greatest value.
15 mins 55 secs
In many organisations, decisions are made on the basis of a single number such as Net Present Value or Internal Rate of Return. Questions about how value could be eroded are often relegated to the back pages of appendices to the business case. This leads to the question of whether value enhancement is being balanced with a realistic assessment of the risks.
Key learning objectives:
Understand what risk-based decision-making is
Outline how corporates can make better investment decisions
Understand the role of business case and how corporates can improve