Two years ago, the board of Juniper Networks, the Sunnyvale, Calif.-based provider of high-performance networking, decided it needed an integrated risk management program that would give board members and the executive management team greater oversight of risk management across the organization. As part of that process, and mindful of how Japan's earthquake, tsunami and nuclear meltdown exposed businesses' vulnerability to continuity disruption, Juniper's risk management committee looked at the company's own preparedness and its ability to support its customers.

As a result, Juniper was able to provide business continuity support to telecom companies covering this year's Olympics. It was a telling example of the advantages of setting up an integrated risk management program.

Instead of just bringing in a vendor and setting up an automated enterprise risk system, as many companies have done, $4.5 billion Juniper set about evaluating what its real operational and strategic risks were across the 46 countries it operates in, with the aim of creating a "risk-intelligent organization."

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.