April 8, 2013 - As companies transform their businesses in order to succeed in a fast-changing global environment, they remain concerned about growing external market risks that can hinder their strategic priorities, according to a new report from consulting firm PwC. One of the key risks is social media, according to the study.
The report, “Global Risk in the Transformation Age," says businesses are taking decisive steps to bolster their risk management techniques to focus on four strategic response categories: resilience, people, technology and next-generation risk analytics.
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