Enterprise Risk Management
OpinionWire Articles
Mark Blowers - Published 14/09/2006
Traditionally, risk management has been very much a specialist subject, handled by staff with expertise in the area. Risks would be identified, assessed, measured, and mitigated on an ad-hoc project basis, and by risk experts assigned to the role. The risk management process has tended not to be integrated into either the strategic or operational decision-making procedures of the organisation. It is becoming increasingly important for organisations to include all areas of the enterprise in the risk manag
