Crisis Aversion With Shivali Kukreja Through Innovative Risk Management

Shivali Kukreja has made a name for herself as one of the best risk management professionals in finance. With two decades of experience under her belt, she has weathered cyberattacks, crises, natural disasters, and even a pandemic. 

"The truth is we all know what works; implementing it sustainably is the challenge," the expert shares, putting special emphasis on sustainability. "There are countless effective solutions that will provide results, but only if implemented properly."

Kukreja helps train teams to think on their feet and fosters confidence to act, rather than waiting for problems to take root. One of the factors is to consistently update one's knowledge regarding the latest regulations and best practices. 

Understanding sustainable practices

Many companies integrate reactive practices into their company, and while this may be upheld for a few months or maybe even a year or so, it quickly becomes defunct or neglected. Kukreja is fastidious in her work and is very careful to create practices that can withstand the test of time. 

"Crisis is inevitable in any industry, in any organization, and we would have failed if we did not prepare for these inevitabilities," Shivali explains, "having an environment that is fully equipped to handle any disruption is the key to risk management."  

Driving sustainable growth is a proven technique that Shivali employs where she builds a robust and resilient risk management approach and ensures that it can evolve with time. In a landscape where change is the only constant, the only certainty that something continues to work is if it changes alone, and big data is the answer to analyzing the minute changes that occur daily.

Using big data as a preventative measure

Big data is everything in today's landscape. It is the building block of marketing, and other industries like risk management also benefit from its application—if one knows how to wield it. It can be used to train machine learning algorithms to identify and evaluate risks, providing a predictive model of what to expect. 

One of Shivali's key contributions has been the development of programmable dashboards that provide data on real-time risks. These tools empower senior management to make informed decisions based on up-to-date data rather than historical anecdotes, "In today's fast-paced environment, agility is paramount. We need to be able to respond to emerging risks instantly, instead of waiting for them to become a problem," she emphasizes.

This focus on data-driven decision-making extends to her work in mergers and acquisitions, where Shivali plays a pivotal role in due diligence and strategic advisory. By applying robust risk management frameworks during these processes, she not only mitigates potential pitfalls but also enhances the value derived from such initiatives.

This post was authored by an external contributor and does not represent Benzinga’s opinions and has not been edited for content. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice. Benzinga does not make any recommendation to buy or sell any security or any representation about the financial condition of any company.

Image Credit: Shivali Kukreja