The report is based on a survey of 450 risk practitioners, conducted earlier this year during a time of ongoing uncertainty regarding the strength and pace of economic recovery and financial system reform. Facing extraordinary challenges, organizations across all industry sectors are finding new ways to assess and manage risk in support of strategic and operational objectives. Among other important findings, the report concludes that 67% of businesses want to adopt new approaches to risk management, although fewer now plan to implement a full Enterprise-wide Risk Management program, because of initiative difficulty and cost. This survey yields critical insights on the impact of the economic downturn on risk management programs finding many surveyed companies were directly affected by the recession and more than 4 in 10 firms are aiming to use risk management capital more efficiently.#Survey #Report #RiskExcellence #Article #EnterpriseRiskManagement #survey
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