We help clients in all industries achieve extraordinary risk-adjusted performance. Our 80 partners and 250 consultants & senior experts, supported by a team of 40 advanced-analytics experts, draw on experience developed over the course of more than 3,300 risk-related projects in the past decade.

Latest thinking

Managing supplier risk
report | McKinsey Working Papers on Risk, No. 57

Managing supplier risk in the transportation and infrastructure industry

November 2014—While advanced methods for managing and mitigating risks are applied in e.g. the power and financial-services industries, many others still lag behind. In the transportation industry, project volumes can be significantly larger than EUR 1 bn and span across decades. Recent examples show severe failures across the full life cycle, exhibiting large risks caused by complexity of projects. When looking at credit ratings among rail OEMs, large compensation payments could lead to severe shocks in financial health, threatening a company's solvency. Despite this, counterparty risk is generally not part of the supplier evaluation in the rail industry. We therefore propose for rail customers to include minimum rating requirements of guarantors in their contract structures.

Risk Viewpoint

A time for stress: The challenges facing Europe's banks

In November the European Central Bank (ECB) will officially take overall responsibility for the supervision of major European banks under the Single Supervisory Mechanism. This is one of the biggest structural changes in the financial-services regulatory environment in the past 30 years. Europe's banks are facing tough new minimum that they need to make some major changes.

Emerging markets
report | McKinsey Working Papers on Risk, No. 56

Risk in emerging markets: The way forward for leading banks

June 2014—This paper looks at challenges facing emerging market banks after a decade of outstanding growth and makes a series of recommendations.

Introducing a holistic approach to stress testing
report | McKinsey Working Papers on Risk, No. 55

Introducing a holistic approach to stress testing

June 2014—This paper describes the seven steps that can help banks to develop better stress tests. The seven steps are: data preparation, strategic PMO, robust methodologies, superior portfolio analytics, persuasive communication, macro-scenarios and correlations, as well as the stress-testing model.

Europe's wholesale gas market
report | McKinsey Working Papers on Risk, No. 54

Europe's wholesale gas market: Innovate to survive

May 2014—This paper describes the forces at work in the European Gas market and how the risk against a structural long position has increased and how major gas distributors can react also through improved product design.

Enterprise-risk-management practices
report | McKinsey Working Papers on Risk, No. 53

Enterprise-risk-management practices: Where's the evidence?

February 2014—This paper reports the findings of a 2012 survey conducted by McKinsey & Company and the working group for corporate growth and internationalization of the Schmalenbach Society (the oldest German nonprofit organization for the exchange of ideas among business practitioners and academics).


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