Improved business results through integration of risk and core insurance processes and the alignment of processes and systems.

FORBES: Analytics May Help Insurers Confront New Risk Environment

The integration of risk management into supply chain management has often been limited, especially for organizations that have focused on reducing costs and limiting working capital levels as a response to difficult market conditions.

FORBES: Supply Chain Risk a Hidden Liability for Many Companies

Rather than undertaking a major push, firms seem content to re-use previous technology investments while trying to improve the timeliness and quality of the data and improving the integration with other risk management tools.

FORBES: Financial Risk Systems -- So Nineties. Why Are They Back?

According to the State of Information Security Survey 2003, a complex integration of technology, education, risk analysis, as well as corporate and government regulation are needed.

CNN: Cyber-security enters boardroom

The integration of in-depth global risk analysis, traveler tracking, and real time incident alerts can provide predictive intelligence to management and those responsible for the safety and security of employees.

FORBES: Names You Need To Know: NC4 Situational Readiness

In addition to understanding potential risk of BYOD and managing the integration, CIOs must ask themselves: what opportunities does this transformation present?

FORBES: Beyond Bring Your Own Device: Building Mobile Business Apps

Cloud computing, adoption of mobile devices, leveraging social networking and big-data practices also pose challenges in terms of adoption, integration, supervision, security, litigation and other risk management.

WSJ: The Experts: What Is the No. 1 Technology Issue Facing Companies Today?

Integration is, in fact, a difficult and high-risk aspect of most consolidations, and all firms must manage it diligently.

FORBES: Why Industry Consolidations Like the American Airlines and US Airways Merger Are Not Just for Big Companies

Greater fiscal integration requires the upfront and ongoing commitment of voters and officials across member countries and increases the risk of moral hazard like free riding and breaking of covenants in the future, especially from member states that would be required to execute tough reforms.

FORBES: To Save the Euro, Establish Dual Currencies