CFO Series: Tactics to Reduce Risk: 3rd Strategy to Help ROI

Overview

What do investors want? They actively pursue three key strategies: 1) improve profit (most over used strategy) 2) reduce investment (an under used strategy) 3) reduce risk (a much-neglected strategy) In this third of three sessions, see 3) above, we will explore strategies to reduce risk. When risks are exhibited on the income statement - it is too late. Risk is silent and insidious. We must plan, as we have seen what happens when risk becomes real and reduces net income. We will discuss proven techniques to help your organization plan for risk before the next miscalculation. Be prepared!

Prerequisites

At least six (6) months of professional financial statement analysis experience, or at least six (6) credit hours of corporate finance classwork at an accredited university.

Objectives

After attending this presentation, you will be able to...

• Determine the issues that drive risk
• Identify why it matters to find the issues
• Select ways to make improvement happen

Highlights

The major topics covered in this course include:

• Answers to the question why is risk relevant? And more questions such as what do investors want, and how do statisticians and economists look at risk? We will also delve into prospect theory.
• What is your risk profile, appetite and tolerance? How do you monitor risk? We will look at heat maps and how risk is everyone's job.
• Managing risk: avoid, transfer, mitigate or accept