ERM, What is It? How Does It Help Business?
ERM or Enterprise Risk Management is a holistic view of risk in a business. A lot of attention has been paid to ERM after the financial crisis and meltdown. Experts say that if AIG had a solid enterprise risk program they would have seen their potential downfall. I will blog about ERM this month and how it can help small business owners. I will also give some examples of steps you can take to establish an ERM approach to your business. Until next time be careful out there and know your risk. K