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In my more than 10 years in the field of risk, I have observed that strategic planning does not seem to be an area where many Risk Professionals excel. However, in a recent conversation I had with a Fortune 50 CFO, the key question on the table was, "How should my company align and integrate our risk management activities into the strategic planning processes used by our businesses?

Over six years ago, when I was starting the U.S. ERM practice for Ernst & Young, the partner I worked for had a corporate finance background and continually encouraged me to connect risk management principles to finance concepts.