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Executive Profiles

Visionary executives extend the realm of possibilities. In this section IW taps into the inventive mind of the leaders who are creating tomorrow's manufacturing landscape.

Making the Case for a Risk Executive
Heightened scrutiny of risk management supports strengthened structure, policies and procedures, KPMG report says.

InFew would argue the increasingly critical role risk management plays in keeping a company competitive, and in response many organizations have developed some sort of risk management program. However, many lack breadth, focus on compliance or are little better than fire-fighting tools to address immediate needs. That's not good, notes KPMG LLP, in a new report. As new and unexpected risks continue to emerge, the advisory firm says developing a comprehensive, strategic response grows increasingly important -- and so too does the development of a dedicated risk executive.

What is a risk executive? "His or her key purpose is to help prepare the organization to respond to change and the risks that emerge in changing times, and to turn those efforts into opportunities that benefit the organization," writes KPMG in its report "The Business Case for a Risk Executive: Leading Efforts to Avoid Surprises, Maneuver through Challenges, and Add Value."

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Executive Profiles Articles & News

Manufacturing Hall of Fame 2009: The Inaugural Class

In some way, these 10 outstanding people likely have touched all our lives.

11/18/2009

Letters to the Editor For December 2009

Can Ron Bloom Help?

11/18/2009

GM Names Turnaround Expert Interim Head of Opel

GM also said it has paid back $300 million of a bridge loan provided by Germany to keep Opel running.

11/10/2009

Chrysler Presents Five-Year Plan

First task is to create 'compelling brand and product offerings'

11/4/2009

Viewpoint -- Tips for Manufacturing in the United States

We could easily set up facilities in China or other parts of the world that have cheaper labor, but it wouldn't be best for our company, says Diamond Wipes CEO.

11/4/2009

Making the Case for a Risk Executive

Heightened scrutiny of risk management supports strengthened structure, policies and procedures, KPMG report says.

10/13/2009

Microsoft Unveils Line of Windows Phones

Sony, Samsung and Toshiba involved in manufacturing phones

10/6/2009

Nissan Poaches GM Veteran as CFO

Joseph G. Peter is a 25 year veteran of GM

10/5/2009

Toyota President Optimistic About Global Auto Recovery

But says yen's recent surge may delay recovery

10/2/2009

Penske's Bid for Saturn Falls Short

Racing legend and automotive entrepreneur sought to reinvent the troubled Saturn brand. But deal comes undone when a supplier can't be found.

10/1/2009