Article 

Cossin, Didier,  The devil you know : classical versus modern risk management techniques
Tomorrow's challenges , 2006, 5 p.
Finance has become a highly sophisticated science of recent years, but when correctly managed in conjunction with tried and tested basics it can bring even greater value to corporations. The question is, as always, whether the devil you know is better than the devil you don't ­ or can the two be happily married?
Take Dell for example, whose success is often attributed to its fancy business model. The real root of its resounding success, however, has been the amazing cost discipline that Michael Dell has put into the company.
The questions are where classical finance has brought the most value and where classical mistakes are being made. It is clear in a corporation like Dell, finance has made a great difference to its thinking and to its ultimate success.
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Keywords : FINANCE, DELL COMPUTER
Language : English
Storage : InfoDesk, Online
Issue : November 2006

Status : available