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Manage Enterprise Risks Better with BusinessRiskTV
3 years ago
7
What are the benefits of ERM? The benefits of ERM including the writing of your enterprise risk profile are making better decisions more often.
What is an enterprise risk profile
An enterprise risk profile is a written enterprise wide assessment of the key threats and opportunities an enterprise is exposed to within a specific period of time in the future. It is used to focus limited enterprise assets on the issues that matter most in the pursuit of enterprise business objectives. Your enterprise risk profile should be revisited periodically after it is written to ensure it remains relevant in the drive to perform well and resiliently whatever the business environment. It should help make an enterprise more efficient and more productive.
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