How Do You Prepare for a Risk That You Don't Know?
By Alexander Marinov
A featured article of our February 2021 edition of PRMIA's Intelligent Risk quarterly newsletter
Financial risks have always been at the top of senior executives’ minds in terms of trying to limit their exposure. Anything from a supplier not being able to deliver in time, great trading losses or how to operate in a disrupted market. Some companies have plans in place in order to tackle these eventualities. However, how can one prepare against unforeseen risks -- risks that no one expected, predicted, or could even prepare for?
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