Integrating Risk Management and Governance
Managing Business Risk
Organizations combine Enterprise Risk Management (ERM), internal controls, corporate governance, and compliance activities to protect assets, improve decision-making, and support sustainable growth.
- Identify significant risks.
- Assess likelihood and impact.
- Design appropriate controls.
- Monitor organizational performance.
- Strengthen governance.
Good decisions balance opportunity with effective risk management.
Summary
Risk management and governance ensure that business decisions remain aligned with organizational objectives.
