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At the Center
Risk: A View From the Audit Committee
Thursday, Jun. 9, 2011
Corporate boards are facing dramatic challenges in assessing both systemic and individual organizational risk. The Ethics Center and the National Association of Corporate Directors, Silicon Valley, recently sponsored a panel that addressed three questions: how did we get here, what can we learn, and what changes might allow us to better assess and mitigate risk. The role of the Audit Committee in risk oversight was the chosen starting point, as the Audit Committee appears to have been ground zero for some of the failures in oversight.
Here, Center Executive in Residence Jim Balassone interviews panelist Robert Finocchio. Finocchio sits on the boards of Altera and Echelon Corporations, and CaseCentral, Embrane, JustAnswer, Tripwire and Silver-Peak (private companies). He chairs Santa Clara University's Board of Trustees where he is also a Dean's Executive Professor.