More than 4 in 5 companies believe risk management is a key capability for managing compl10.04.16-002.jpgexity and adapting to changes in the market. Yet time and again, we see poor risk management making big headlines, from defective devices to counterfeit drugs to reputational damage due to poor communication strategies.
So what can companies do to prevent these problems and protect the long-term value of the company?
Let’s look at 6 common risk management gaps that life sciences companies should focus on.
1. Ineffective Supply Chain Management
2. Scattered Documents
3. Regulatory Compliance Gaps
4. Reputational Risks
5. Information Security Risks
6. Weak Risk Management Processes
