Whitepaper
Risk management guide for life sciences companies
Minimize risks while identifying unique enterprise-wide opportunities
Aug 18, 2023 · Authored by Darren R. Jones, Cassandra Walsh, Benjamin Quigley, Mario Prohasky, Morgan DiSanto-Ranney, Jessie Katz
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Life sciences companies are subjected to rigorous regulatory oversight and public scrutiny, making it important to identify and assess risks throughout the entire organization. Add in today’s complex and evolving environment and it is even more imperative for organizational leaders to have a plan to understand the potential impacts of these risks and establish effective internal controls that can monitor and manage these risks.
To help gain a better understanding of your organization’s current risk profile, our team of life sciences and risk advisory specialists developed a life sciences risk management guide. It includes questions for life sciences leadership to consider that will help you understand potential risk areas and that may harm or interfere with their organization's operations and objectives, and potential areas that may lead to losses. This guide specifically addresses six key risk areas, including:
- Strategy
- Operations
- Technology
- Outsourcing
- Compliance
- Finance
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