To better understand Enterprise Risk Management, we have written a series of article that can help you by providing more information involved in Enterprise Risk Management.
Enterprise risk management is the leading approach to managing and optimizing risks in order to enable a company to determine how much uncertainty and risk are acceptable to an organization.
With a company-wide scope, Enterprise Risk Management strategically analyzes risk throughout an organization, cutting across business units and departments, and considering end-to-end processes. In adopting an Enterprise Risk Management approach, companies gain the ability to align their risk criteria to business strategy by identifying events that could have an adverse effect on their organizations and then develop an action plan to manage them.
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