Caterpillar’s Business Risk Management Process
In this webinar, Caterpillar strategy executive Eng Seng Loh provides a look into how his firm mitigates risk while keeping strategic agility. Eng Seng’s overview covers how Caterpillar:
- Balances the need for standard processes while keeping an entrepreneurial spirit at the business unit level.
- Conducts trough planning with the help of "trigger point" monitoring.
- Uses scenario planning for long-range risk identification.
- Performs both enterprise and business-level risk assessment.