Enterprise Risk Management: Seven Imperatives for Process Excellence - Report Overview



Smart organizations understand the urgent need for sound risk management on a global scale, and board members realize the need to be involved in risk identification, assessment, and monitoring. Enterprise risk management (ERM) is vital to the survival of modern day organizations, and yet, according to an APQC survey, only 26 percent of organizations have extensive implementation of ERM. For a company not to be caught off guard (and individual officers and directors potentially held liable or tarred as incompetent) if a major risk were to materialize, companies need to understand what must be done to establish, develop, and refine ERM processes.

This document is an overview of APQC's latest report on ERM, Enterprise Risk Management: Seven Imperatives for Process Excellence.

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