The 2008 financial crisis : a wake-up call for enterprise risk management

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      <subfield code="a">RIMS believes that the 2008 financial crisis is a call to action for enterprise risk management to demonstrate its value. It requires practitioners to exhibit the personal characteristics referenced earlier - leadership, ethical decision making and a strategic point of view. But it also requires a certain degree of courage in cases where a company'culture is not yet ready to embrace ERM fully. Enterprise risk management to be effective must fundamentally change the way organizations think about risk</subfield>
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