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A recent visit to Japan on behalf of the Risk and Insurance Management Society revealed high interest in risk management in general, and the effects the discipline could have had on Toyota in particular, the president of the society says.

Terry Fleming, director of the division of risk management for Montgomery County, Md., described his trip to Japan–his first–as “fabulous. We saw a lot of interest [in risk management]. They are really keyed in to ERM [enterprise risk management].”

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