Enterprise Risk Management

Enterprise Risk Management – is it Part of Your Strategy?

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Strategic planning is a useful exercise in providing guidance in fulfilling a mission. Unfortunately, most strategic plans ignore risks and have no visible or clearly articulated connection to the organization’s strategy.  Risk management and strategy-setting are not separate and distinct activities.
The Committee of Sponsoring Organizations of the Treadway Commission (COSO), defines enterprise risk management as:
“A […]

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