With the establishment of an ERM program, a host of additional tasks – developing a risk library, assigning ownership, and determining a risk appetite or risk tolerance to name a few – are expected to be accomplished in a brief but critical time frame. Without measurable results, your organization’s Enterprise Risk Management program is at risk of losing the executive sponsorship critical to its success.
There are 5 unique, and identifiable, characteristics that all the most effective ERM programs have in common.
In this eBook, we’ll cover:
- Each of these 5 common traits
- Why each trait is crucial to the success of any formalized Enterprise Risk Management program
- How you can design your own processes around these frameworks
After reading this eBook, you’ll have a path for ensuring the success of your organization’s ERM program, and will be able to meet the high expectations that have been set by your company’s Board of Directors and senior leadership team.