The alleviation of risk is big business. Risk is dependent on the chance of a loss event occurring combined with its magnitude. Analyses of the possibility that the universe would collapse when the Large Hadron Collider was being operated were undertaken, despite the miniscule chance of the world ending. Business leaders increasingly need to incorporate risk management strategies into their everyday decision making.
By mastering risk, CEOs and business leaders can increase their market share and corporate value, and create wealth. We look at the best ways to reduce risk in a range of areas, including credit, fraud, payment, liquidity, compliance, cyber and even the weather.
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