I like Louis Pasteur’s observation that “fortune favors the prepared mind.” So-called black swan events happen regularly and can have a very negative effect on a business. Of course, risk is inherent in any commercial undertaking; organizations don’t succeed by being overly cautious and reckless ones usually fail after awhile. Those that are consistently successful are ones that manage risk...
Read MoreTopics: Office of Finance, Continuous Accounting, Integrated Business Planning, CEO, CFO, Financial Performance Management, Foreca