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Even though enterprise risk management (ERM) is seen as a growing need for organizations globally, companies are still struggling to implement the practice enterprise-wide, according to an industry study.

Zurich’s “Risk Management in a Time of Global Uncertainty,” conducted in collaboration with Harvard Business Review Analytic Services, finds that while global companies are intensifying their focus on ERM in the wake of the 2008 financial crisis and recession, most corporate leaders believe their companies have a long way to go in building an effective, risk-aware culture.

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