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  "documentTitle": "Hyper-disruption demands constant reinvention",
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  "notes": "Accenture Risk Study: 2024 Edition",
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      "text": "A quick take on responding to an escalating risk environment by embracing a reinvention strategy. Increased volatility and disruption is one of the key factors prompting some businesses to adopt a reinvention strategy. These businesses are not just improving threat detection and mitigation; they're also reimagining their entire business approach to drive resilience. Manufacturers rethink supply chains as extreme weather events such as floods and wildfires damage transportation and logistics facilities; retailers exit entire markets due to geopolitical tension; and financial services businesses outsource significant parts of their business as part of large-scale cost-cutting. For organizations undergoing transformation, it's crucial for their risk teams to strengthen their capabilities in recognizing, evaluating and addressing the expanding range of risks.",
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      "text": "Since 2021, some risk categories have become more impactful. Societal risks, such as the increased cost of living and mental health issues, became more prevalent among our clients, especially for businesses in Japan and France, for example. In the US, poor mental health is estimated to cost the economy $47.6 billion annually.",
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