Overview
The performance and survival of a business in a global economy depends onunderstanding and managing the risks-external and those embedded within itsoperations.It is vital to identify and prioritize significant risks and detect the weakest points. Addingother elements to an essential ERM program, such as PESTEL and Porter's 5 forces,treatment plans, scorecards, the three lines of defense (3LoD) components, and processimprovements (six sigma, 8D, etc.) significantly increases the ERM success rate.The authors outline a comprehensive strategy to designing and implementing a robust andsuccessful ERM program - and not just successful in implementation but also yieldingenormous returns for the organizations that implemented this enhanced ERM program.
- | Author: John Sidwell|Peter Hlavnicka
- | Publisher: Business Expert Press
- | Publication Date: Nov 22, 2022
- | Number of Pages: 306 pages
- | Language: English
- | Binding: Paperback/Business & Economics
- | ISBN-10: 1637423985
- | ISBN-13: 9781637423981
