Keys to ERM – Alignment

ERM is focused on Enterprise Risks. Enterprise Risks are those risks that could result in losses that would require the firm to make major, unexpected changes to plans or that would disrupt the firm (without necessarily causing losses) in such a way that the firm cannot successfully execute its plans.  Enterprise Risks need to be a major consideration in setting plans.  Through discussions of Risk Appetite and Tolerance and returns for risks and the costs of risk mitigations, ERM provides a path for alignment of the risk management with the strategic objectives of the firm.

Read More about ERM Tools for Alignment at WillisTowersWatsonWire Blog.

And on RISKVIEWS with

Linking Strategy and ERM – The Final Frontier

Risk Appetite is the Boundary

Advertisements
Explore posts in the same categories: Enterprise Risk Management

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: