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  • Inadequate risk identification processes
  • Lack of clear communication and understanding of risks
  • Insufficient resources for risk management
  • Ineffective risk assessment methods
  • Failure to prioritize risks based on impact and likelihood
  • Inconsistent risk reporting and monitoring
  • Lack of buy-in and support from senior management
  • Inadequate training and awareness of risk management principles
  • Siloed approach to risk management within the organization
  • Failure to integrate risk management into strategic planning processes

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