New and Improved Risk Management

Written on February 1, 2016

Risk management is a hot topic in today’s world of globalization, technological advancement and constant regulatory adjustments. Because traditional compliance risk management efforts fall short in this environment, legal department leaders are turning to Enterprise Risk Management (ERM), which include greatly expanded risk assessments, including the ERM model and its eight interrelated components. “ERM takes a holistic approach to risk mitigation as all sources of value, both tangible and intangible, are deemed vital to the business and they are subject to influences that must be understood and managed.”  For the full article written by Glen Jenkins and Catherine Hilton and published in ACC Docket’s Jan/Feb 2016 issue, click here.

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