How does your organization view risk? Join us as Doug Webster of Cambio Consulting (and former CFO of the U.S. Labor Department) lifts risk strategy out of the organizational shadows and places it dead center on the boardroom table, where all eyeballs are increasingly turning to the CFO.
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Begin with A Clean Audit
“The job of every manager in an organization should ultimately be to focus on the same end goal, and that is maximizing value for the stakeholders of the enterprise. … A clean audit opinion is of course important to everybody, but to my mind that’s sort of a starting point and not an end objective.”
Delivering Value
“Delivering value ultimately requires the balancing of three things: (1) What am I going to do for you in terms of the delivery of an end objective or the provision of products or services? (2) What is the cost of doing so? (Because we all have to deal with limited resources.) (3) Benefits and costs are always projected, so there is always an element of risk.”
Book Pick
Managing Risk and Performance: A Guide for Government Decision Makers By Thomas Stanton & Douglas Webster
Chasing Change: Building Organizational Capacity in a Turbulent Environment By Bob Thames & Douglas Webster
Interview Links
- Doug’s Site
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