Aug 1, 2023
Contributor Insights: Building Trust Through ERM In an Uncertain World
In light of the current crisis, adapting risk management to the changing environment and being resilient in the face of unpredictable, high-impact events means that the shift of the ERM function to a more agile, responsive, and reliable function must be reinforced and expedited. The foundation of this responsive outlook is built upon a thorough understanding and assessment of all types of risks and driven by a robust risk culture. By simultaneously addressing the strengthening of risk management and reinforcing risk culture, the next generation of ERM can be cemented in any organization and allow for genuine building of trust in this transformative age.