As the global financial ecosystem becomes more and more unpredictable, hedging is emerging as one of the most promising strategies for curbing risk and safeguarding growth. It’s an excellent, effective option; but it’s also a tough sell to the board.
Though the past few months have prompted many organizations to explore alternate strategies for managing volatile markets, they’ve also led boards to increase scrutiny on risk policies and controls, particularly in areas of counterparty risk. Many perceive hedging to be difficult and complex—how do you explain the benefits in simple terms to convince the board of its value, and quickly?
Access the recording of our newest webinar: Selling Hedging to Your Board: How to Make the Case to Advance Your Risk Management Practice. Our expert speakers, Helen Kane and Sandra Koch, shared their thoughts on how to effectively build a case for a hedge program. They outlined each step in the process, from the first inquiries (finding out if your CFO is supportive) to the final hurdle (presenting a formal policy to be ratified by the board).