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Does your risk management process focus only on potential hazards that should be avoided? Are you forgoing innovation and market success by focusing on the downside of risk? Effective risk management can be a valuable source of competitive advantage, but only if risks and opportunities are viewed like the two sides to the same coin.
This new guide, developed in collaboration with CIMA and CMA Canada, provides guidance for enhancing your risk management system to include both risk mitigation and opportunity assessment. It outlines:
These tools and techniques will help you move beyond the traditional view of risk as a value destroyer, and develop methods to use to realize the hidden potential in your company.
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