Risk Management as a Competitive Advantage
When asked, most corporate executives do not think of risk management or regulation as a competitive advantage. That is until confidence and trust are no longer commodities, but highly treasured assets. Looks like the US Government is also realizing the value of risk management and regulation. Earlier this week the Wall Street Journal noted the following,
“Two years ago this month, Treasury Secretary Henry Paulson was talking about how the regulatory pendulum “may have swung too far” in the wake of corporate scandals earlier this decade. Mr. Paulson’s fear: That overly burdensome regulation would make U.S. capital markets less innovative and competitive globally. If only.”
Yes, how quickly things change. If you are interested in learning more about how Wheelhouse Advisors can assist your company in strengthening risk management to become a competitive advantage, visit our website at www.WheelhouseAdvisors.com or email us at NavigateSuccessfully@WheelhouseAdvisors.com.
