Business World Trends

Risk Management

·  Risk Management Practices:

• 76% of firms integrate risk management into their decision-making processes, highlighting its critical role in guiding policies and choices.
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• Only 26% of companies feel adequately equipped to manage risks, with 74% acknowledging they lack proper preparation to handle potential risks​ (MarketSplash)​.
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• 68% of businesses have a dedicated department focused on risk management, while 33% of risk leaders plan to increase overall spending on risk management in the next 12 months​ (PwC)​.