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Failure in Risk Management: The Turbulent Times of Boeing Airlines

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Boeing Airlines finds itself amidst a storm of legal challenges, grappling with a series of incidents highlighting systemic issues in its risk management practices. These are only two of at least seven incidents involving Boeing airplanes in March alone. Why is the glaring lack of records a risk management problem for Boeing?

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy. Their opinions, such as “Audit Opinions” and “Credit Ratings,” are based on the information provided to them, and they cannot be held liable for errors and omissions.

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