Power Allocation In Architecture Affects Wind Control And Corporate Governance

If risks arise one after another, they are usually better solved, but in practice they tend to concentrate.

Risk management is often considered to be isolated from other businesses, only for specific events, not for potential reasons that may cause various adverse effects.

It's like in medicine, the best cure is cure, not palliative.

The past financial crisis also shows that the function of risk management is largely ignored by management.

Due to the financial crisis, although there is no corresponding budget and personnel matching, risk management has been attached importance to at a certain level, and has also been put on the agenda of the enterprise.

However, once the crisis is over, the status of risk management function may decline again.

In China, risk management and corporate governance are also hot topics in the industry.

Since 2006, the SASAC issued the guidelines for comprehensive risk management of central enterprises, and recently issued the circular on matters related to the comprehensive risk management carried out by central enterprises in 2012, requiring the central enterprises to improve themselves.

Normalization mechanism to prevent risks.

In addition to the central enterprises, various types of enterprises have also studied and launched the "wind control" project.

But how to make the risk control really play a role, rather than for the sake of compliance, which requires enterprises to carry out various aspects based on their own business development characteristics from the system, architecture, system and practice.

。

Many companies have set up risk management departments, and have also released some.

。

However, further efforts are needed in building a reasonable framework, system, structure and system integration.

The first is to control the internal control environment in terms of risk management, internal mechanism design and organizational structure arrangement.

How to design the architecture at the very beginning and how to allocate the power and responsibility in the structure has determined what benefits the company will get in risk management and corporate governance and what difficulties it will encounter.

It is observed that although the banking crisis shows the shortcomings of traditional methods, financial institutions are still at the front end in terms of risk control and corporate governance compared with other types of enterprises.

Therefore, this article will take China's Ping An insurance (Group) Limited by Share Ltd as an example, starting from the theoretical basis of financial enterprise risk management and corporate governance structure, to discuss the focus and practical operation of the enterprise in this respect.