Enterprise risk management a key to business success

摘要

Enterprise Risk Management (ERM) isan organization’s enterprise risk competence—the ability to understand, controland articulate the nature and level of riskstaken in pursuit of business strategies—coupled with accountability for risks takenand activities engaged in, which contributesto increased confidence shown bystakeholders.ERM is a strategic business disciplinethat supports the achievement of an organization’sobjectives by addressing thefull spectrum of its risks and managing thecombined impact of those risks as an interrelatedrisk portfolio.