Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Good risk management, in whatever form it takes, is about increasing the company’s ability to hit its goals. For example, the attempt to avoid large losses serves to prevent the kind of adverse impact on the finances of the company that will cause it to miss its targets. Likewise, sophisticated models predicting market or price fluctuations allow the company to plan, invest and hedge in such a way that reaching a goal, if not assured, is more probable.It is often thought that in order to achieve this kind of security, one must trade some upside benefit. This is not always the case. Oddly enough, professional baseball has shown us how knowing the odds and tilting them in our favor can produce fantastic outcomes without trading away any upside potential.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.