Executive Summary (This is a document excerpt)

Governance, risk, and compliance are major issues that organizations are grappling with. Organizations face pressures to establish operational and financial integrity, meet regulatory compliance requirements, and protect stakeholder value in a dynamic business environment that is driving them to formalize an enterprise risk management strategy. Currently, organizations have approached risk management in a fragmented and inconsistent manner — an ineffective approach in meeting today's complex challenges. Organizations are looking to an enterprise view of risk management to bring consistency in measurement and control of risk across the enterprise.

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