Enterprise Risk Management ¿ Overview & Practical Implementation Guide
Mihajlo Borozanov
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Enterprise Risk Management ¿ Overview & Practical Implementation Guide

Practical tips and theoretical considerations for an organisation that decides to introduce modern ERM approach

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This paper overviews the role that Enterprise Risk Management (ERM) takes in the contemporary risk management with the emphasis on non-financial corporations. It is constructed as a theoretical overview in the first part addressing the concept of ERM, comparison with the traditional risk management in general and the potential benefits that a successful ERM program can produce for the company that decides to implement it and the benefits for the stakeholders in general. The second part is intended to present a practical case study guide for implementation of Enterprise Risk Management in a com...