PwC Sees Corporate External Risks Ushered in, Reports

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PwC report examines challenges and innovative strategies needed.

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Big4, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC reports according to a new PwC US Risk in Review paper, the Eurozone debt crisis and U.S. political uncertainty, combined with extreme and unexpected events, are continuing to create external risks that companies are grappling to overcome. notes the report, entitled “Coping with the unknown: Risk management strategies for an uncertain world,” says companies are now more adept at managing internal risks thanks to well-developed enterprise risk management (ERM) programs. Yet these same ERM programs are less effective in dealing with external threats. also notes that one of the solutions presented states that rather than running a typical stress-testing scenario, companies are starting from a failure scenario and working backward to understand their organization’s level of resilience.

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  • Kristy Short
(734) 481-0186

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