HANDLING A FAILURE OF RISK MANAGEMENT

What Could Go Wrong?

Risk management failures are often unavoidable and involve circumstances beyond reasonable control. In the case of Bayer, which purchased Monsanto, unexpected legal issues sabotaged an otherwise positive business transaction. When companies merge, partner with, or take over another business, all the baggage that comes along must be absorbed.

Critical Response Team

Systematic recovery efforts must be carefully handled. Despite the temptation to react quickly, risk management specialists must chart a course of action. This often means moving slowly to avoid further damage to the company’s reputation. Back to the example of Bayer and Monsanto, careful negotiations are currently underway.

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John Jellinek

John Jellinek

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John Jellinek is the President of the private equity investment firm Jelco Ventures, Inc. John Founded the company in 1971 | http://johnjellinek.com/