![]() ![]() ![]() What is ERM?Ī committee of five organizations dedicated to thought leadership around risk management provided a definition of ERM in 2004. Organizations in all types of industries, public and private, have observed a variety of benefits from enhancing their risk management programs. ![]() An effective enterprise risk management (ERM) program can help organizations manage their risks and maximize opportunities. As business risks continue to increase, organizations are finding it necessary to implement some sort of formal risk management system. ![]()
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