Enterprise-wide risk management (ERM) enables management to effectively deal with uncertainty and associated risk and opportunity, enhancing the capacity to build value. All modern corporate organizations operate in a world filled with uncertainty; and the ability to correctly identify, promptly analyze and manage risk and uncertainty is increasingly seen as a critical management skill that vastly enhances the quality of corporate governance. Industry regulators all over the world are also requiring organizations to create, maintain and equip risk management officers at all levels of leadership. It covers the techniques, tools and templates for Risk Identification, Risk Assessment, Risk Analysis, Risk Control, Risk Evaluation, Risk Prioritization, Risk Transfer, Risk Sharing, Contingency Planning, and Risk Avoidance and concludes with a Business Case and Sample ERM Framework.
For Chief Risk Officers (CROs), Governance, Risk and Compliance (GRC) professionals/analysts and anyone in the organization who manages risk or is involved in the risk management process including CEOs, Trustees, Directors, Controllers, Senior Managers, Insurance, Internal Control and Audit, etc.