The Potential Cost and Value of ERM
The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 

The Potential Cost and Value of ERM

March 12, 2013 | Report

Many companies find the concept of enterprise risk management (ERM) as a holistic approach to managing a company’s risk profile appealing. However, these same companies are frequently skeptical about its value and whether the results will justify the cost, effort, and challenges of implementing a meaningful ERM process. Despite the effort required, properly implemented ERM programs can improve communication, address cross-functional risks (legal, operational, and personnel matters), help boards comply with various legal rules and regulations, and meet their fiduciary duties to companies and shareholders.

To get complimentary access to this publication click "Read more" to sign in or create an account.


OTHER RELATED CONTENT

RESEARCH & INSIGHTS