Learning from Loss

22/02/2023 17 min Episodio 4
Learning from Loss

Listen "Learning from Loss"

Episode Synopsis

A major loss often causes management to question past decisions. They might even reverse some of them, but this may be an overreaction. The Chief Risk Officer improves the discussion by bringing a systematic review of the risk related decisions that preceded the loss. In many cases potential problems can be fixed without taking drastic and dramatic actions.