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The Two Faces of Risk: Cultivating Risk Intelligence for Competitive Advantage
You needn’t be a seer or sage to perceive risk@it’s as predictable and devastating as a Florida hurricane and as far-reaching as a corporate scandal. But you do
their reputation has eroded. Corporate risk has become personal: The out-of-pocket settlements in recent shareholder lawsuits have directors and executives clutching their wallets all across the country. The Failure Taboo If your executive suite is like most, you’ll hear little talk of failure around the boardroom table. Failure is simply taboo. Only “negative thinkers” and “naysayers” raise the specter of something going wrong, usually at their own peril. Instead, discussion usually centers on
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