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99722
Enterprise Risk Management
Description
A-Levels 4. Risk Response Mind Map on Enterprise Risk Management, created by helen_woolford on 20/05/2013.
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4. risk response
4. risk response
a-levels
Mind Map by
helen_woolford
, updated more than 1 year ago
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Created by
helen_woolford
over 11 years ago
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Resource summary
Enterprise Risk Management
ERM Approach
Uniyfying Broader and more intergrated approach
Risks that impact the objectives, key dependencies or core processes
10 main features of ERM
Defintions of ERM
RIMS
COSO
IIA
HM Treasury
ERM in practice
PACED
Benefits (FIRM)
ERM & Business continuity
RA needed for RM process and BIA closely related
ERM concerned with risk that impact processes
BCP concerned with actions thta should be taken to maintain continiuty of individual activties
Future Developments
LILAC
RM activities are fully embedded in business processes
Demonstrate measurable financial benefits
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