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Organisations, such as large corporations, encounter critical liquidity and funding management failures during every crisis. It is so common and predictable, that it is hard to determine if it is due to incompetence, greed, ignorance or a combination of the three. Corporations that appoint numerous people that are presumed highly skilled and intelligent to lead their organisations, should not have such systematic failures.

A sound system of liquidity and funding management is critical to the profitability and ongoing viability of an organisation. Leaders must understand the liquidity and funding needs of the organisation. Leaders should establish appropriate and prudent liquidity and funding management policies for their organisation.

# Corporate Policy