Accounting for all outcomes.
It is no longer enough just to assess and manage the risks of an enterprise's strategic endeavors.
Managers must also take into account the range of outcomes: the knowns, known unknowns and unknown unknowns.
Changes at the very top of some leading financial institutions in the
But assessing and managing risks stop short of what senior managers need to do in today's competitive environment. To assure the survival and prosperity of their enterprises, they must also understand and manage the uncertainty associated with opportunities.
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