Using Risk to Your Organization's Advantage

 

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Organizations need an enterprise risk management (ERM) capability that systematically generates insights about the adequacy of risk mitigation plans. To do this, risk leaders should facilitate practical discussions with managers about the resiliency of their strategic plans. In order to avoid widespread disconnect across the organization, risk leaders should ask decision makers from a variety of functions what ought to be done to fold identified risks into the over-arching growth plans.

This article originally appeared in Industry Week and is reprinted here with permission.

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