Enterprise Risk Management

Enterprise risk management (ERM) is the process of arranging, organizing, leading, and controlling those things of an organization can minimize the outcomes of risk on an organization’s capital and earnings. Enterprise risk management expands accomplishing this to include besides risks associated having accidental losses, but also financial, strategic, in business, and other dangers. Enterprise risk management in operation includes the techniques and processes utilized by organizations to control risks and seize opportunities relevant to the achievement of their objectives.