Implementing Enterprise Risk Management
- Tags:
- Business Operations,
- Strategy,
- Security,
- Risk Management,
- Risk,
- Management,
- Enterprise Risk Management,
- Enterprise Resource Management,
- Business Security,
- University Of Virginia
- Source:
- University of Virginia
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Overview: Enterprise Resource Management (ERM) is a powerful management tool that is never completed and requires champions at the C-level for its successful implementation. In the risky world, companies can no longer rely on a silo approach to risk management but need an integrated and holistic perspective of all the risks facing the organization. A risk centric organization does not avoid risks but rather knowingly takes risks aligned with its risk appetite. Integration of ERM with ongoing management activities serves to embed risk management throughout a company. This paper explains some best practices of implementing ERM.
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Format: PDF | Size: 477KB | Date: Oct 2006 | Pages: 67
