Worst Case Scenarios When Treasury Fails (I)

Treasurers are known for being unflappable despite high stakes and myriad of responsibilities . While leading treasury is not (normally) a life or death proposition, horrific outcomes may result if companies are unable to conduct business as usual. Treasury professionals embrace autonomy, possess high integrity, are risk averse and precise in everything they do. Despite years of experience, the best laid plans, processes and procedures, contingencies and redundancies, treasury professionals are bombarded by hundreds of tough decisions, human error and circumstance, negative environmental factors, vendor issues and worse. Even highly seasoned, long experienced treasury professionals cannot possibly think of every possible scenario – nor would they want to. Multi-perspective and varied industry panelists will be asked about the absolute worst-case scenario for their organization should there be a treasury failure how to maintain cool under pressure AND what they have done / could do to recover / continue business as usual or to the best of their ability?