ERM Concepts [7]

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Bullet points include: To be effective ERM has to be tailored to each organisation. To reflect business strategy and culture. Of course, management consultants biased towards presenting a picture of change. Evolution of Enterprise Risk Management Industry standard in last 5-10 years. Today. Industry standard in next 5-10 years. Risk control. Balance sheet protection. Risk/return optimisation. Value creation. Compliance. Loss minimisation. Risk management. Risk measurement. Strategic integration. Risk optimisation

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