Enterprise risk management (ERM) is a holistic, top-down approach that assesses how risks affect an organization and devises plans on how to approach different risks.

ERM definition. Enterprise risk management (ERM) is the process of assessing risks to identify both threats to a company’s financial well-being and opportunities in the market. The goal of an ...

While agencies generally treat risk management as an unfunded compliance mandate, real risk management is central to preventing fraud and moving away from pay and chase. This includes assessing risk ...

Questions addressed factors related to enterprise risk management within participants’ organizations, organizational resources and the risk types their organizations are facing. To learn more about A ...

Traditional risk management and enterprise risk management are two major aspects of risk management. In the section below, we explain the differences. Traditional Risk Management (TRM) vs ...

Perhaps the most important feature of the risk management context that will determine the success of the enterprise risk management initiative relates to how the initiative is implemented. There ...

Enterprise Risk Management: A Team Sport. Even though ERM programs and compliance programs tend to be spoken of interchangeably, they are not the same thing.

Unsystematic risk is sometimes broken down into two components, industry risk and company-specific risk. Industry risk reflects the risks identified with the industry in which a business operates.

From the first edition of The State of Risk Oversight report in 2009 to the just-released 15th edition, proactive organizational responses that recognize both the dangers of risk and the strategic ...

Enterprise Risk Management (ERM) is a systematic business that aims to identify potential events that may negatively impact an organization. It focuses on managing or mitigating risks associated with ...

Over a three-week period, more than 30,000 people from outside the region flock to this city of about 120,000 individuals to participate and watch the games. The threat of a major disaster involving ...