Strategic risk: Manufacturers largest and most underfunded business threat

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Industrial engineer A majority of manufacturers view strategic risk as their organization’s most significant threat, but despite their concerns, the Grant Thornton Governance, Risk and Compliance Survey found that manufacturers:

  • Are least effective in measuring and monitoring strategic risk
  • Offer limited GRC attention to strategic risk
  • Fail to leverage technology in managing strategic risk
  • Lack GRC leadership experience with strategic risk
  • Invest least in addressing strategic risk

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