
Life in the corporate world is oftentimes a high-octane, fast-paced, no-nonsense kind of exercise which could best be compared to sky-diving in terms of the risks involved, except with arguably less chance that you’ll be equipped with a parachute to cushion your fall if and when an investment starts going South and winds up the way of the Dodo.
Admittedly, I am exaggerating a tiny bit, but perhaps we can all acknowledge that in the current financial climate there is never complete certainty about what constitutes a truly secure investment. Insane amounts of untenable and precarious risk-taking are at the root of the global financial crisis and have certainly motivated changes in corporate behaviour so let’s talk about risk-taking then, and why some corporations have begun to redesign their corporate strategies in an era of unyielding economic turmoil.