Enterprise Risk Management: Strategy to Execution
Enterprise Risk Management (ERM) is about balancing risk and reward across an entire organization. The traditional approach to risk management separates risk into two areas: financial, which focuses on quantitative analysis and control through accounting; and insurance, which focuses on managing exposure due to accidental losses. This course will show you how to consider risk management in a more holistic way, no matter what industry, functional or operational area in which you work.
WHAT YOU’LL LEARN
- Know why a company should strike a balance between risk and return.
- Understand the steps in developing an enterprise risk management program.
- Apply present and emerging risk management concepts.
- Minimize the need for crisis management with its greater costs in time, money and reputation.