Strategy and Risk Oversight

Strategy and Risk Oversight

By
David F. Larcker, Brian Tayan
CGRI Quick Guide Series.
2015

One of the primary responsibilities of the board of directors is to monitor the strategy and risk of the corporation. This Quick Guide provides a concise introduction to corporate strategy, key performance measures, and risk management. It answers the questions:

  • How does management develop a strategy?
  • How does the board test the strategy?
  • What metrics are used to measure performance?
  • How are risks identified and managed?