September, 2009

Needed: Strategic Vision, Not More Regulation

Risk management and other lessons learned – one year after Lehman’s collapse
Posted by Herb Addison, Leo M. Tilman, September 20th, 2009, 7:28pm

Many believe that in response to the financial crisis, we need better regulation – and more of it. Unfortunately, regulation is unlikely to address a fundamental behavioral dynamic at play that leads to bad decisions and value destruction. A fundamental reform of how corporate executives shape strategic vision and use risk management is needed.
Financial Darwinism explores the origins, drivers, and implications of the ongoing tectonic financial shift. It then equips executives and investors with actionable approaches to creating lasting economic value amidst complexity and uncertainty.