Risk Management Strategies for a Turbulent Economy

Few would argue with the fact that U.S. business currently faces the most troubled economic conditions in recent memory—possibly in history—and there is little doubt that rampant, unchecked risk-taking lies at or very near the heart of the crisis. In short, it's stormy weather out there, and there are many steps that can and should be taken now to minimize negative impacts and improve an organization's prospects for weathering the storm.

Risk Management Strategies for a Turbulent Economy provides an inventory of obvious and not so obvious risk factors, then offers a wealth of strategies to develop a risk management program that works for your organization.

This special report was excerpted from the book Smart Risk Management: A Guide to Identifying and Reducing Everyday Business Risks, available from AICPA Publications. We hope the report will help you assess the universe of risks that affect your business and create or refine an organizational risk management plan to keep your objectives and strategies aligned with prevailing conditions.

About the Author

Ron Rael, Leadership Coach, is an award-winning speaker and facilitator who uses advanced learning techniques to deliver measurable, bottom-line results. Ron's highly customized High Road training systems shape existing and emerging leaders. Based upon his accomplishments as a business executive, Ron helps companies turn their drive for success into real results of employee satisfaction, customer retention, and internal cooperation.

Ron has personally trained thousands of leaders and business professionals throughout the United States and Canada. He is the author of 13 ½ Strategies for Winning the Budget Wars and Smart Risk Management.