Financial Risk and the Need for Superior Knowledge Management
通过巴林银行等三家公司的风险管理失败案例，指出知识管理不足是重要原因，并强调需要结构化方法在决策前转移知识、按需获取信息并生成新知识。
Three recent failures of risk management—at Barings Bank, Kidder Peabody, and Metallgesellschaft—appear to be due to three underlying causes: dysfunctional culture, unmanaged organizational knowledge, and ineffective controls. The first and the last of these have been extensively discussed in the media. This article explores the importance of the second: knowledge management. It demonstrates the need for a more structured approach to transferring knowledge to decision makers before it is needed, enabling the access of information as it is needed, and finally generating and testing new knowledge about the firm's changing risk management requirements.