From the boardroom to the classroom to the newsroom, Enterprise Risk Management (ERM) is a hot topic. But it is a rare company that intelligently manages the full spectrum of risk.
Sometime you bet all your chips; sometimes you walk away from the table; but most often you act between these two extreams and make a creaful, measures wager in consideratin of the odds.
Risk Intelligent Enterprises come in all sizes and industries, and each organization tailors its risk management practices to its particular circumstances and needs. Yet every Risk Intelligent Enterprise shares this insight: Organizations that are most effective and efficient in managing risks to both existing assets and to future growth will, in the long run, outperform those that are less so. Simply put, companies make money by taking risks and lose money by failing to manage them.