Beyond Compliance: The Evolving Art of ERM and Key Risk Indicators
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Beyond Compliance: The Evolving Art of ERM and Key Risk Indicators
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This episode explores how Enterprise Risk Management (ERM) processes evolve from foundational structures and informal approaches to sophisticated, enterprise-wide analytical frameworks. We delve into how Key Risk Indicators (KRIs) serve as crucial early warning signals, examining their varied development, monitoring, and application across three distinct organizations: Midwestern Utilities, Wimbledon Investments, and Discovery Health Group. Discover the journey from basic risk identification and structured processes to proactive, data-driven monitoring and the continuous refinement of risk management capabilities, offering valuable insights for enhancing your organization's risk maturity.
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