Erm Advances

Rough NotesVol. 148 Nbr. 11, November 2005

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Summary


Despite the fact that enterprise risk management (ERM) has managed to become a part of the corporate lexicon over the past few years, ERM's growth has been measured, at best. ERM was initially promoted in the financial services sector and it continues to maintain great success in this sector. Interest in ERM has come about for a variety of reasons, and every organization has its own rationale for moving forward with the concept. Growth along the ERM implementation path has started, but the number of firms that have completely implemented ERM is still small. As ERM matures, its acceptance in corporate America is accelerating. Early adopters have now come forth to provide insight into the results of their efforts.

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Erm Advances

Despite the fact that enterprise risk management (ERM) has managed to become a part of the corporate lexicon over the past few years, ERM's growth has been measured, at best. While the concept is quite simpleview all risk from an enterprise level so as to better determine the risk-reward relationship-in practice it has ...

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