What Is Enterprise Risk Management?
Simply put, enterprise risk management (ERM) is an integrated and holistic approach to risk management within an organization. That sounds quite basic, and it also sounds like it is simply common sense. Why then is there so much ado about ERM? Why is there a need for books and training seminars about ERM? Why is there a need for this book?
Although ERM is basic and common sense, the devil is in the details of design and implementation. This is a book that like many others covers the main concepts of ERM, but the difference is with a focus on practical design and practical implementation.
The overarching goal of ERM should be on making an organization more effective and efficient. That’s it. Nothing ...
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