TECHNIQUES OF ENTERPRISE RISK MANAGEMENT
Key 2: Building ERM using small but solid steps
Organisation can start with a simple process and build from there using incremental steps rather than trying to make a quantum leap to fully implement a complete ERM process.
By doing so, they are able to:
- Identify and implement key practices to achieve immediate, tangible results.
- Provide an opportunity to change and further tailor ERM processes.
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