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Purpose

Discusses the importance of a balanced approach to risk management.

Design/methodology/approach

Draws on the author's consulting experience to offer an insightful perspective.

Findings

Opines that a combination of formalized tools and techniques, alongside more qualitative ‘right-brain’ thinking is the most effective means of developing a risk management strategy.

Originality/value

Draws on the author's consulting experience to offer an insightful perspective.

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