NU Online News Service, April 16, 3:43 p.m. EDT
What can finance chiefs learn from airline pilots, wildfire fighters and infectious disease controllers? Valuable lessons on how to prevent disaster and what to do when it strikes the financial services industry have come from unlikely sources such as salmon farmers and immunologists, according to a risk management report.
The World Economic Forum's latest report, "Rethinking Risk Management in Financial Services: Practices from Other Domains," prepared with the support of The Boston Consulting Group, takes an original approach to addressing the issues raised by the global financial crisis.
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