Treasury resiliency: emerging from the financial crisis.
Financial Executive › Vol. 25 Nbr. 8, October 2009
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Summary
TREASURY
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Treasury resiliency: emerging from the financial crisis.
One result of the ongoing financial crisis has been the enhanced visibility of the treasurer's role. More than ever, treasurers are depended upon to ensure a level of readiness to protect the organization from simultaneous threats. A resilient organization must have a resilient treasury.
Since the onset of the financial crisis and related turbulence, the view of an organization's treasury function has changed dramatically. No longer will treasurers be able to labor in obscurity, being called on only to secure new financing or to discuss the need to hedge the foreign exchange exposure of a planned acquisition. [ILLUSTRATION OMITTED] Treasury must ensure that the organization is resilient and able to survive in the face of multiple sim...See the full content of this document
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