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Understanding Enterprise Risk Management

To help you understand more about ERM, we have wrote a series of article that can provide you with better understanding on the components involved in ERM.

Enterprise risk management (ERM) is the leading approach to managing and optimizing risks, enabling a company to determine how much uncertainty and risk are acceptable to an organization.

With a company-wide scope, ERM serves as a strategic analysis of risk throughout an organization, cutting across business units and departments, and considering end-to-end processes. In adopting an ERM 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 developing an action plan to manage them.

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