Advances ongoing risk management and opens with a short example of how one senior operating executive stated there were no risks to his business unit. Claims that managers cannot be blamed for lack of knowledge in this area, as it is only lately that new approaches, to use powerful tools in assessing risk and control, are emerging. Further discusses in depth these, and the other ways to define, prioritize and align, end result objectives. Demonstrates that much closer links must exist among an organization’s assurance providers to enable modern methods to prevail.
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