at the time of Covid-19
Traditionally, the remuneration policy of managers was defined on the basis of the objectives assigned to them with a view to value creation. More recently, sustainability and the Risk Management component have entered the incentive system of top and middle management.
But what weight should this component have in the definition of performance objectives?
Do Risk Adjusted Performance Measures exist and how do they translate into the company’s planning and control system, even before the incentive system?
In addition, the crisis triggered by the Covid-19 pandemic has accelerated the process in which risk management takes on increasing weight in the assessment of corporate performance.
In order to understand how to redesign a planning and control system that can combine risk-value-sustainability by assigning equal dignity to each of these three dimensions, we have organized a virtual debate that will feature two experts:
SDA Bocconi, School of Management
Enterprise Risk Management & Credit
Together with them we will address the issue of “Risk Adjusted Performance Measures” and analyze how these can be translated into the Business Performance Management system.