Course details
Risk isn’t something we usually think about until it’s too late. Financial risk management allows you to prepare for the worst before things go bad. It’s the process of identifying, measuring, owning, addressing, and monitoring downside risks—from possible legal and regulatory judgements to an injured reputation. If you want to set up a risk management program at your organization, or simply be able to recognize and manage risk better, this course is for you. This course looks closely at currency risk, commodity risk, interest rate risk, and other important risk topics.
Jason Schenker of Prestige Economics discusses nine types of corporate risk, including financial and nonfinancial risks. He explains the difference between direct risks that companies face constantly, as well as indirect risks that usually come from vendors, competitors, and counterparties. Then he covers how risks are typically resolved, either by elimination (divestiture or acquisition), transfer (hedging or insuring), offset (creating a natural hedge), or ownership (keeping the exposure). Finally, he reviews how corporations can actively measure and monitor risk by appointing dedicated risk managers, officers, and committees.
Instructor
Jason SchenkerFuturist | Economist | Speaker | 27x Author | 12x Bestseller | 7x LinkedIn Learning Instructor | Board MemberJason Schenker is an economist, finance expert, futurist, speaker, and author.
Jason is the chairman of The Futurist Institute and the president of Prestige Economics. Since 2004, he has been a keynote speaker on the professional lecture circuit, as well as a frequent guest on CNBC, CNN, and Bloomberg Television. He has written over two dozen books about leadership, finance, economics, and disruptive emerging technologies. Eleven of these books have become best sellers.
Jason advises executives, institutional investors, governments, and other key groups on future technology trends, the economy, financial markets, and risk management. Bloomberg News has ranked Jason the #1 forecaster in the world in 25 different categories since 2011 for his forecasting accuracy.
Welcome
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– Risk management isn’t something most companies think about until it’s too late. Wouldn’t you like to be the one who thinks about things before they go bad? Imagine if you could have saved Enron from imploding, Blockbuster from being wiped away, or if you could have prevented the financial crisis of 2008. Making risk management a priority could have prevented all of these things. It’s too late to change the past, but as an ancient Chinese proverb says, the best time to plant a tree was 20 years ago. The second best time is now. I’m Jason Schenker, and I have advised executives on risk for nearly 15 years. I’ve worked in both investment banking and consulting, and since 2009, I’ve directly advised senior leaders on financial market risk, corporate risk, economics and business strategy. I’m also a financial market expert, and Bloomberg News has ranked me the number one forecaster in the world in over 20 categories since 2011. They’ve even asked me to write for them because of my track…