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ID:7295179
大小:120.96 KB
页数:10页
时间:2018-02-10
《the plan sponsor s perspective on risk management programs》由会员上传分享,免费在线阅读,更多相关内容在工程资料-天天文库。
1、CHAPTER50THEPLANSPONSORSPERSPECTIVEONRISKMANAGEMENTPROGRAMS∗DesmondMacIntyreAsoundriskmanagementprogrammustbegroundedintheorganizationsphiloso-phy,objectives,andmission.GeneralMotorsInvestmentManagementCorporationhasintegratedavarietyofkeycriteriafromaudit/revie
2、wtooutputintocompre-hensivebuildingblocksforatotalriskmanagementsystem.Lookingbackandtryingtopickthepointatwhichanorganizationfirstbeganitsriskman-agementactivitiesisdifficult,especiallywhenpeoplebelievestronglythatriskmanagementalwaysexisted.Infact,muchoftheearly
3、workthatanorganizationdoesindevelopingariskmanagementprogramsimplycentersondocumentingwhathasactuallyhappenedtothatpoint.Eventually,mostorganizationsmovetoamorestructuredenvironmentinwhichexplicitobjectivesaresetandpracticesarecontinuallydocumented—inotherwords,
4、toaformalizedpointatwhichitisnolongersufficienttosaythattheorganizationhasalwaysoperatedinaparticularwayandeveryoneknowswhatthatwayis.ThispresentationdiscussestheexperienceofGeneralMotorsInvestmentManagementCorporation(GMIMCo)inbuildingabroadlyconstructedriskmana
5、gementprogramtocoverthemorethan$110billionunderitsmanagement;includedareprogramobjectivesandscope,criticalbuildingblocks,keycriteria,andpotentialbenefits.BACKGROUNDThefirststeptowardsettingupaformalriskmanagementstructurewastakenin1995,withtheformationofaninternal
6、riskmanagementtaskforce.ThattaskforcehadamandatetofigureouthowGMIMCoshouldtakeaformalapproachtoriskmanagement;insodoing,∗ReprintedfromAIMRConferenceProceedings:RiskManagement:PrinciplesandPractices(August1999):38–44.735CH050.indd7358/28/108:52:40PM736PartIII:Mana
7、gingRiskPensionRiskthetaskforcemembershadtoconfrontseveralissues.Forinstance,theyhadtoconsidertheimplicationsofthedynamicsbetweengroupresponsibilityandindividualaccountability,andtheyhadtoconsidertheculturalaspectsofdealingwithextremelydefinedrulesontheonehandand
8、anenvironmentoftrustwithminimaldefinitionontheotherhand.Peoplewereunderstandablyconcernedthataformalprogramwouldstifleimaginationandcreativityandlimittheopportunitysets
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