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Despite its shortcomings and critics, VaR had been working reasonably well in identifying risks at JPMorgan Chase.
We believe that the process of proactively identifying risks and being open about them would radically change the culture of safety.
This means identifying risks and opportunities early enough to allow the company to adapt its strategy or in extreme cases, change it.
Today this process is completely manual with legal and contract management professionals reading through contracts, comparing with standard approved positions and identifying risks.
They complain that boards tend to be focused more on avoiding legal problems than on "formulating of company strategy, identifying risks, and evaluating executive performance".
Current anonymization techniques are good at identifying risks and minimizing them, but not so good at maintaining local contextual data which relate users in a social network.
Similar(6)
Identifying risk factors for dental trauma in children is important.
By identifying risk factors for poor insight, these findings have significant clinical implications for healthcare providers.
Cameron says he is confident that we have a process for identifying risk, and deciding what should be done.
Identifying risk factors for SM-VAP could be useful.
The potential benefits of these new technologies go beyond identifying risk and screening.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com