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Governance and Risk Management

GRC. ERM. ICRM.* The field of governance and risk management is an alphabet soup of acronyms. Yet, despite the variable terms, the basic definition remains consistent: Effectively mitigating the risks and maximizing the strategic opportunities of the enterprise, from the board of directors and executive team down through the rank and file.

Many factors have pushed governance and risk management to the front burner: Intense scrutiny of practices. The vast potential for losses. An increasingly complex global business environment. Spiraling costs. But done right, risk management can do more than cover your assets; it can also be a powerful value engine, helping companies take intelligent risks to enhance enterprise value and make better risk-based strategic and operational decisions.

Putting Risk in the Comfort Zone 
The first installment in the Fundamental Principles series outlining the nine principles of a Risk Intelligent EnterpriseTM.

The Risk Intelligent Board

The Risk Intelligent Board
Viewing the world through risk-colored glasses - the importance of broaching risk discussions at the board level.

Managing the Business Risk of Fraud

Managing the Business Risk of Fraud
Key messages in the guidance for a new risk environment.

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* GRC: Governance, Risk & Compliance; ERM: Enterprise Risk Management; ICRM: Integrated Compliance and Risk Management

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