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Corporate treasurers and finance managers, as well as CEOs, board members, and other stewards of the business, generally pride themselves on recognizing and leveraging new forms of value in the organization. The good news for these executives is that many of them are sitting on a lode of untapped value, which they may be able to harness using extended enterprise risk management (EERM).

That’s because many organizations have extensive opportunities to tap the potential of third-party assets that exist beyond the traditionally recognized boundaries of the organization. What does it mean to extend the enterprise, and what’s the nature of the value and risk that comes with these third-party assets?

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