Enterprise Risk Management – Simplified

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Enterprise Risk Management – Simplified2017-09-13T16:51:41+00:00

Project Description

Enterprise risk management (ERM) is a plan-based business strategy that aims to identify, assess and prepare for any dangers, hazards and other potentials for disaster – both physical and figurative – that may interfere with an organization’s operations and objectives.

the discipline calls for corporations to identify all the risks they face and to decide which risks to manage actively;

it also involves making that plan of action available to all stakeholders, shareholders and potential investors, as part of their annual reports.