4.1. The Rise of Risk Management
Today's business world is dramatically more complex than in past years. The online availability of applications and data, the expansion of complex partner and supplier relationships, and the speed of today's economic changes mean that enterprises need to consider many more risks. In addition, risks are rarely self-contained; they're often related to each other in complex and hard-to-manage ways. A failure in one area of the business can have dramatic effects on other areas. A failure of business partners (or partners of business partners) may add significant risk to an organization.
A number of industry and market factors have increasingly caused the management of corporate risk to become a critical issue for ...
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