Ten Steps to better informed strategic decision making

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strategic decision making GRC
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Strategic business decisions are often made with incomplete information about the true picture of risk and opportunity across the whole organisation. Risk convergence is the process of integrating different risk domains within the business which have traditionally been handled separately – areas such as strategic and reputational risk, health and safety, major project risk, and business opportunity identification. Risk convergence will help streamline risk management processes, making them more effective, efficient, and consistent. It will also bring all risk and opportunity information together to provide the basis for better informed strategic decision making.

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