Redefining Enterprise Risk Management
Article from CIO Review Magazine
Today, enterprise risk management (ERM) is synonymous with internal controls and activities that focus in most cases on governance, risk and compliance. ERM should be an integrated element of the performance management system and a key focus of business planning cycles, following a regular process that guarantees progress by allowing risks to be identified and managed.
By implementing an adaptive ERM process and maturing it over time, business activities become more risk-informed. John Duncan, ABS Group Vice President for the Government sector, and Laura O. Jackson, ABS Group Senior Program Director of Strategic and Enterprise Risk Management, share their insights in CIO Review magazine about adaptive ERM and why it is essential to have a structured and systematic method for prioritizing time-critical risks.
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