Nematrian
/


ERM [5]

Go to: Summary | Previous | Next   
Bullet points include: Lam (2003) defines ERM as: “ERM is all about integration: ... an integrated risk organisation; ... the integration of risk transfer strategies; ... the integration of risk management into th e business processes of a company” Kemp and Patel (2011) define ERM as: A framework, using risk as the core building block, to enable key business decisions to be aligned with inherent risk. Involves holistic (‘enterprise’-wide, i.e. ‘entity’-wide) management of risk and (usually) management of business/portfolio as an ‘enterprise’ Sweeting (2011) indicates: Key concept is “the management of all risks on a holistic basis, not just individual management of each risk”

NAVIGATION LINKS
Contents | Prev | Next | Library

Desktop view | Switch to Mobile