Enterprise Risk Management: Definition and Core Practice

New website = RiskCommentary.ca
Time to get into the ERM process! Let’s start with definitions that reflect a precise method. 

*Definitions: rationale and approach
1. Enterprise Risk Management
2. High Quality Risk Assessment
Significance of High Quality Risk Assessment process
Summary

KEY QUOTE
“One key message here is: do not fall into the trap of trying to lead a risk ID session, much less implement an entire ERM program, where goals and objectives are poorly defined.” (Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation p.32)

LINKS
*My definition of ERM shows a clear process, whose results were praised by the BC Auditor General. See blog post of Enterprise Risk Management example: 5-part case study of ERM implementation, Camosun College.

E.Robertson Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation (2016)

What is Risk Commentary?

New website: RiskCommentary.ca We see a contradiction: increased need for Enterprise Risk Management, while risk managers report low perceived value of their processes. High Quality Risk Assessment addresses uncertainty and helps solve chronic business problems. Join Edward Robertson, successful ERM practitioner, to discover a simple process that delivers clear value.