Regulatory Focus™ > News Articles > The Value Proposition for Medical Device Risk Management Compliance

The Value Proposition for Medical Device Risk Management Compliance

Posted 01 September 2011 | By Richard Morroney, CQA, RAC 

Ineffective risk management can lead to a significant decline in a company's value. Conversely, companies with effective risk management processes are associated with higher levels of profitability and market valuation. This article examines several illustrative cases of ineffective risk management and offers a solution to achieving greater risk management program maturity and effectiveness.

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