Value-Based Management (VBM) - Risk Management

Value-Based Management (VBM)

• What is Value Based Management (VBM)? You might want to address one or more of the following issues:
• What approach to decision-making would characterize a VBM organization and how does corporate culture play into this?
• What should the role of the CFO be in an organization that practices VBM fully?
• Has VBM generally been successful for those organizations that have undertaken the challenge? If not, then to what do you attribute that lack of complete success?

Integrated Risk Management

• For what kinds of questions does one seek answers in designing a risk management program? Outline (or provide a picture of) your concept of an integrated risk management system.

Risk and Risk Management Cases

• Can you identify a company that has been affected significantly by at least one of the risks discussed in this session's comments and describe how it responded to the effects of the event.
• Did the company succeed in showing that it could handle adversity and restore confidence? How?
• If the company failed to do so, what went wrong?