For some time I have wanted to write about an Enterprise Risk Management (EMR) Map that I came across. It is put out by a company called MetricStream. This ERM Map is designed to assist the compliance ...
The second way is related to the first: you have to emphasize that ERM is there to enable strategy, not curtail it. Having gone through the assessment process, a given strategy can often look more ...
In this context, enterprise risk management (ERM) has emerged not merely as a compliance function but as a strategic enabler ...
Nine years ago, just 9% of companies claimed to have a complete enterprise risk management (ERM) process. Today a larger percentage of companies (31%) describe their ERM processes as complete. While ...
According to the National Association of Corporate Directors (“NACD”), “there are number of things that Boards need to do as the number and magnitude of business risks increase.” The NACD supports the ...
Business owners face numerous challenges on a regular basis, but it is the daily challenges that can distract owners from a potentially major catastrophe. “Too often businesses are unprepared for ...
Business operations are subject to a number of internal and external risks, as are ownership interests in businesses. How organizations and their owners address these risks can have a significant ...
With the instability of many financial firms from the current economic crisis, the spotlight is on risk management and whether or not these and other organizations are assessing strategic and ...
IRVINE, Calif.--(BUSINESS WIRE)--CB Resource, Inc. (“CBR”) today announced that they have launched their next generation proprietary Enterprise Risk Management (ERM) assessment platform and dashboard, ...
The world is becoming an ever more challenging place for businesses. New technologies and global interconnectedness lead to more frequent disruptions to the status quo; a phenomenon some risk analysts ...
SEATTLE, WA – Insurers are making increased use of economic capital modeling in the Enterprise Risk Management (ERM) process and it is starting to influence their strategic decisions, actuaries were ...