Necessary Improvements in ERM: Embracing the Uncertainty

 

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A growing number of CEOs, CFOs, and CROs are responding to new and unforeseen threats to their enterprises with vigor, looking to improve the ways they identify, assess, manage, and monitor significant business risks. Ensuring that the board is kept well-informed is a top priority among companies truly committed to ERM process excellence.

Dr. Paul Walker explains that this approach a necessary improvement in the landscape of ERM. Senior managers and board members need not only to be kept in the loop when it comes to risks, but also must embrace the uncertainty of enterprise risk, cultivating it from a compliance-driven exercise to a value-added process.

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