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Anticipate and Respond to Risk. Improve the Certainty of Business Results. Provide Assurance to Key Stakeholders.
Many organizations continue to ignore or misunderstand the opportunities that are derived from proper risk management. Narrowly focused, functionally driven, and disjointed activities are too often the norm. They preclude business planning and risk management to be performed in tandem. By identifying and proactively addressing threats and opportunities in the context of business strategy and as a part of a common GRC platform, effective risk management protects and creates value for an organization's stakeholders including owners, employees, customers, and regulators.
Oracle provides the foundation to unify GRC requirements and an enterprise risk management framework to set clear accountabilities for risk management and control across the enterprise. By establishing a process for the ongoing monitoring, evaluation, and control of risk, linking key performance and risk indicators, and facilitating better decision making, Oracle enables a risk-based approach to management and strategy. As a result, companies are able to adjust performance in light of risk and improve the certainty of their business results
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