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How CMOs and CROs Can Be Allies

Harvard Business Review

But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. Use risk data as an avenue for innovation. CROs are deeply familiar with the troves of risk data, such as payment habits and internal credit scores, that their companies keep.

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How Health Care Changes When Algorithms Start Making Diagnoses

Harvard Business Review

Regulators should also draw from existing methods in the financial sector, known as model risk management frameworks , which were developed in response to similar challenges. Regulators at the U.S.