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S J T Pollard1, G J Davies, F Coley
1Cranfield University, Centre for Resource Management and Efficiency, Sustainable School of Applied Sciences, Bedfordshire, UK. s.pollard@cranfield.ac.uk
This review explores advancements in risk-based decision-making, including comparative and strategic risk analysis. Effective implementation requires considering organizational capabilities and institutional culture for managing risk knowledge and ensuring strategic value.
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