Risk can take many forms across the entity, from the routine to catastrophic; the well known to the unknown. In the pursuit of growth in an increasingly global economy, an accelerating rate of change may be the only certainty. New technological and competitive forces; increased regulatory scrutiny and complexity; extended business models; increasing reliance on third-parties - these are but a few examples of areas of accelerating change and complexity confront companies today.
Risk resilient organizations must objectively assess their existing risk management capabilities, evaluate their organizational culture with regard to risk, performance and reward, and implement sustainable risk management practices.
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