Enterprise risk management (ERM) is a strategic approach to identifying, assessing, and managing potential threats to an organization’s objectives. By implementing an effective ERM framework, companies can enhance decision-making, improve operational efficiency, and protect their bottom line. The Role of ERM ERM serves as a comprehensive approach to risk management, transcending departmental silos. Organizations can identify interconnections between risks by adopting a holistic perspective and developing strategies to mitigate their impact. Advanced ERM tools and...