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Commercial Risk Europe: Risk Managers Risk Wasting Higher Budgets post-Covid-19

Written by Atul Vashistha

Investing Post Covid TPRM Budgets
Risk management budgets are likely to increase following Covid19, but investment in the same old frameworks will mean many companies remain inadequately prepared for the next unexpected event.

Catherine Allen, Founder and Chairman of The Santa Fe Group and Atul Vashistha, founder of Supply Wisdom, recently wrote about the dangers posed by underinvesting in risk and the tangible ways in which directors can successfully navigate risks in the future.

In this article with Commercial Risk Europe, Atul Vashistha talks about the need to modernise risk management following Covid-19 and why he thinks continuous risk management will play a central role in automating risk management without stretching risk budgets.

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