Rethinking Risk In An Interconnected WorldIn days past, risk managers were mostlyresponsible for procuring coverage. Their knowledge base confinedto a specific skill set. No more. Globalization, with all itsaccompanying opportunities and headaches, is here to stay.Organizations are more interconnected than ever, both internallyand in collaboration with their suppliers, partners andcustomers.

A dramatic risk reassessment is under way, one that is likely tohave a profound impact on businesses, their customer relationshipsand the livelihood of risk practitioners.

Protecting the organizations physical and financial integritydemands a thorough understanding and effective synchronization ofall its moving parts. It requires a proactive strategy that isholistically driven and focused not on putting out fires but onbuilding a fireproof structure. And it will thrust risk managementprofessionals into what for many will be unfamiliar roles.

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