“Once a vaccine is developed and readily available, the bill for this stramash will be scrutinized,” Kossovsky says. He predicts that firms that invest federal or shareholder funds yet don’t emerge with a winning product will find their managements’ and boards’ decisions highly scrutinized.”Agenda
July 28, 2020
“‘This is reputation risk writ large,’ Kossovsky continues. ‘With a nod to Icarus, the higher you fly, the easier it is to get burned.’”
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Reputation risk management is strategic governance, leadership, controls and insurance.
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