Preemptive Action: Mitigating Project Portfolio Risks in the Financial Services Industry
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Financial services companies that are facing uncertain times should consider how to make leaders accountable for identifying and shutting down poorly performing initiatives, focusing resources on projects that promise the greatest return. This will enable them to pursue more opportunities—with the accompanying risks—while minimizing the impact of failures that can have significant consequences for their reputation and capital. But this will require executives to take a hard look at how they manage projects and track risks, so that they can more effectively determine whether an initiative is worth continuing.
Read the Economist Intelligence Unit (EIU) Research Report: “Preemptive Action: Mitigating Project Portfolio Risks in the Financial Services Industry”.
