Strategic Risk Management

In the late nineties, risk management was still a fairly new concept in many businesses. Today, it is an integral part of daily management in many places. Growing its risk management services, PwC supported its clients not only by performing internal audits and risk assessments. PwC was also discussing new ways for controlling risks and using the results to get deeper insights.

A tailored approach to meet the clients’ needs went hand in hand with actual execution of assignments. Quite a demanding setting! A great example of an approach both valuable and practical: actual crisis simulations with the management of a company. Simply letting management experience what could go wrong in a crisis and afterwards sitting down to learn and prepare was extremely valuable.