This measure calculates the number of core Enterprise Risk Management (ERM) team Full time equivalents (FTEs) per $1 billion business entity revenue. Enterprise Risk Management (ERM) describes a firm-wide strategy to comprehensively identify and prepare for risks relevant to a company's finances, operations, and objectives, including developing strong risk management plans and understanding the interrelations of various risks. This Process Efficiency measure is intended to help companies minimize waste and refine resource consumption related to the process group "Manage enterprise risk".
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Number of core ERM team FTEs / (Total business entity revenue * .000000001)