Strategic risk in banking
On tackling the risk of loss from adopting strategies later proved wrong
This is the second part of my earlier post on reputation risk. It is an enlarged version of the portion on strategic risk from my speaking notes used for a talk on reputation and strategic risk to the members of the Board of Directors of a bank based outside India. Needless to say, this is an introductory piece, as strategy, its risks, and their management, together constitute a huge subject in itself.
With the Presidential elections announced yesterday, some of you might be interested in my earlier post on the subject.
Please subscribe for free access to new posts.