Take into consideration these nine common challenges faced by organizations while governing risk, and chose software solutions that can support the risk management journey from planning to execution. To learn more, visit:https://bit.ly/3mO3Mw4

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Common Business Challenges of
GOVERNING RISK9
Data in
disparate
systems
Lack of
clear and
updated
overview/
status
Reactive –
not proactive
management
Time
consuming
consolidation
and reporting
Inefficient &
ineffective
reporting
Manual/
Excel based
management
Excessive
operational
focus in the
reports
Lack of
quantitative
assessments
Difficulties in
bringing about
cultural change
1
5
5
4
3
2
Challenges of
Risk Governance
6
7
8
9
Organizations require an agile risk management solution to conduct risk assessments
and keep track of risk treatments and controls across projects & portfolios, departments,
business units, divisions and countries. Here are nine common challenges faced by the
top management while governing risk.