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Welcome to our comprehensive chapter on risk management in IT sourcing. In this segment, we explore the crucial steps of identifying and assessing risks, empowering your organization to navigate potential threats with confidence. By engaging stakeholders, staying informed about industry trends, and utilizing risk assessment frameworks, you’ll develop a comprehensive understanding of the risk landscape. We’ll also guide you in prioritizing risks and tailoring mitigation strategies to safeguard your organization’s reputation and bottom line. Join us on this enlightening journey and equip yourself with the expertise to steer your organization towards seamless and successful IT sourcing experiences.