Reading The Wall Street Journal over the past few days, the author noticed how many times the word risk appeared in a headline -- and in how many different contexts. But things are different this time. And it all has to do with enterprise risk. More important, the whole enterprise was in a riskier position today than it was a year or so ago. This increased risk comes from an economy in recession with increasing unemployment, financial markets in turmoil creating increased risk in dealing with financial institutions, and federal and state government incurring unprecedented budget deficits. Decisions that involve risk must be considered within the context of the entire enterprise.
a risky world Richard L Clarke Healthcare Financial Management; May 2009; 63, 5; Docstoc pg. 118 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission.
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