It may be the single greatest challenge risk managers face today: Getting the ear of the treasurer and the CFO as they struggle to manage skyrocketing insurance costs and a plethora of new concerns that threaten to sink bottom lines and destroy shareholder value. But the events that have made these executives' time more ious-beyond September 11, the collapse of Enron, the spate of major corporate bankruptcies and the implosion of the accounting industry-also hold the potential to awaken senior management to the importance of the long-somnolent risk management profession.
Today, risk managers can demonstrate, finally, that they are much more than the people who simply buy …