Enterprise Risk Management

by IntelleSecure Claim Listing

Enterprise Risk Management (ERM) is a risk-based approach to managing an enterprise, integrating concepts of strategic planning, operations management, and internal control.

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Course Details

Enterprise Risk Management (ERM) is a risk-based approach to managing an enterprise, integrating concepts of strategic planning, operations management, and internal control. ERM is evolving to address the needs of various stakeholders, who want to understand the broad spectrum of risks facing complex organizations to ensure they are appropriately managed.

Regulators and debt rating agencies have increased their scrutiny on the risk management processes of companies. In business, ERM includes the methods and processes used by organizations to manage risks related to the achievement of their objectives.

ERM provides a framework for risk management, which typically involves identifying particular events or circumstances relevant to the organization's objectives (risks and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress.

By identifying and proactively addressing risks and opportunities, business enterprises protect and create value for their stakeholders, including owners, employees, customers, regulators, and society overall.

  • Bangalore Branch

    418, 1st Floor, 100 Feet Road, 4th Block, Bangalore

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