An analytical approach to predictive risk management

According to our enterprise risk management study of  500 executives around the world, not a single respondent said that risk is decreasing — in fact, an alarming 77% say their risk exposure has increased year-to-year.  With this in mind, what are companies doing to reduce their exposure and better manage their risk factor priorities?  We also found that a group of leading companies employ predictive intelligence or modeling with advanced analytics and take a holistic approach to enterprise risk management.  These leaders who are applying predictive analytics, reduce risk effects, achieve cost efficiencies and growth.  Their 3 year average sales are 19% higher than  other participants.  Clearly there is competitive advantage in approaching risk, with intelligence.
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Associate Partner; Business Analytics and Strategy; Digital Operations

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