With Enterprise risk management (ERM) getting increased attention in many organizations and across industries it is important to understand the various parts of an ERM program and how they affect the program overall. Proper implementation of ERM can facilitate better decision-making, increase efficiency, and enhance an organization’s risk control efforts to support critical Governance, Risk, and Compliance (GRC) initiatives. Effective ERM enables management to cope with potential future events that create uncertainty and helps management respond in a manner that reduces negative outcomes.
This quick ERM Risk Quiz covers a number of ERM program elements and helps you focus on what is important to get your program in top shape.
Reduce Risk and Lower Costs
Ensure Accountability Throughout Your Organization
Streamline Audit Processes and Improve Productivity
Business Continuity Management and Disaster Recovery Software
Manage Your Growing Network of Important Relationships
Create Closer Connections and More Collaboration
Collect Complaint Data and Manage Reputational Risk
Manage Risks, Compliance, and Governance Initiatives Across the Enterprise