Summary
ENTERPRISE RISK MANAGEMENT
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Extract
It's time for ERM.
There's been an upsurge in enterprise risk management during the past few-years, driven by an increased focus on risk among governments and regulators and crises affecting some of the world's most successful companies. Despite that, many corporations have yet to embark upon an ERM program
It's arguable that the roots of enterprise risk management can be traced to the global economic transformation of the mid-1990s. At that time, companies began recognizing the rising importance of intangible assets such as brand, customer relationships and knowledge as sources of value and growth. Unlike physical and financial assets, intangibles didn't lend themselves to protecti...See the full content of this document
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