The role and the importance of enterprise risk management.

Several companies have adopted enterprise risk management (ERM) practices, but far fewer have been able to embed those practices into their organisations to create a structured and sustainable business management process. Any company has to know the importance of a risk management programe. By identifying and proactively addressing risks and opportunities, business enterprises protect and create value for their stakeholders, including owners, employees, customers, regulators, and society overall. [ABSTRACT FROM AUTHOR]

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