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a e r r t i c u t l a f e e Strategic Risk Management: A Foundation for Improving Enterprise Risk Management and Governance Mark L. Frigo and Richard J. Anderson trengthening risk But as the complexity management and This article discusses the steps to success for and speed of the busi- governance are ness environment have S organizations that want to improve their enter- major challenges for prise risk management. Management teams and continued to evolve, organizations follow- boards of organizations of all types and sizes need a growing focus on ing the global financial to challenge themselves and their

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