Liquidity and solvency challenges are material corporate consequences of COVID-19. Last week in its May/June issue of NACD Directorship magazine, the National Association of Corporate Directors published that “capital markets have long rewarded strong, strategic reputation risk management and oversight.” Reputation risk management and resilience to protect assets and cash flow is a strategic journey.NACD Directorship
June 15, 2020
“Long before COVID-19…there was evidence that the capital markets rewarded strong, strategic reputation-risk management.”
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Strategic reputation risk management is an enterprise-wide plan for protecting cash flow.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
What’s your strategy?