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Driving in the Rain: How to Handle the Unpredictable Through Effective Enterprise Risk Assessment

One thing is certain: the unexpected will occur. Storms will pop up and our skills and coping mechanisms will be tested. Organizations must identify where they are exposed, apply an appropriate response for addressing the risk, and implement a mechanism to constantly monitor and reassess the risk and their response to it. Otherwise, we risk getting stuck by the side of the road in a driving rain.