Risk management: Twitter, FTX and what boards should not do
OPINION: When a company fails, it is often due to accumulated under-performance, strategic drift, and poor risk management.
Kirsten Patterson Sun, 26 Feb 2023
One of the crucial roles a high-functioning board oversees is risk management – it’s a crucial aspect of best-practice governance. But when major international companies FTX and Twitter hit the media headlines last year, they provided some memorable examples of ‘what not to do’.
The downfall
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