ERM: Quantifying the Potential Impact of Major Risks on Financial Performance

 

Details

Organizations have been using risk management tools to help executives come to consensus on the fastest-moving, highest-impact risks that could disrupt a company’s strategy or current operating model.

What's more difficult is quantifying the potential financial impact that accompanies a truly large business risk. Still, there is evidence that enterprise risk managers—the ERM leaders who communicate regularly with the c-suite and the board—are reaching for assessment tools that rely on quantification, not just group opinion. True best-practice ERM leaders are trying to clarify how much actual shareholder value is at stake given a major risk that has been identified. 

Comments (0)

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <i> <b> <u> <p>
  • Lines and paragraphs break automatically.

More information about formatting options