67. Is Enterprise Risk Management (ERM) overrated? | A critical look at ERM methodologies
RISK-ACADEMY - risk management & AI risk analysis RISK-ACADEMY - risk management & AI risk analysis
118K subscribers
62,984 views
537

 Published On Jul 6, 2017

Enterprise risk management (ERM) is a popular framework for helping companies identify, assess, and mitigate risks. But is ERM always effective? In this video, we take a critical look at ERM methodologies and explore some of the challenges that companies face when implementing ERM. We also discuss some alternative approaches to risk management that may be more effective for certain types of risks and decisions.

00:00 Enterprise risk management is a widely-used concept, but its effectiveness is unknown.
00:47 ERM is a process of creating a framework to manage risk across an organization.
01:49 Managers create a consolidated risk profile to align goals and risks.
02:31 Creating multiple methodologies for different types of risks, decisions and activities is a better way to manage risk than using a framework.
03:27 Identifying and mitigating risk requires various processes, tools, and assessments.
04:06 Do risk analysis before investing in projects.
04:50 Five methodologies were used to manage risk in a company with one sovereign fund.
05:12 Risk management is a means to an end, not an end in itself - check out Risk Academy for more info!

Official RISK-ACADEMY blog: https://riskacademy.blog/

FREE RISK MANAGEMENT BOOK Risk management is ultimately about creating a culture that would facilitate risk discussion when performing business activities or making any strategic, investment or project decision. In this free book, Alex Sidorenko and Elena Demidenko talk about practical steps risk managers can take to integrate risk management into decision making and core business processes: https://www.researchgate.net/publicat...

Join this channel as a member for new videos, RAW workshops or online courses    / @riskacademy  

Watch the best practical workshops and case studies from RISK AWARENESS WEEK https://riskacademy.vonza.com/

Or check out online short courses on Udemy https://www.udemy.com/user/alexsidore...

Check out awesome risk management quantitative software https://www.archerirm.com/insight-ris...

Translated titles:
67. ¿Qué es la gestión de riesgos empresariales (ERM)?

67. Was ist Enterprise Risk Management (ERM)?

67. Qu'est-ce que la gestion des risques d'entreprise (GRE)?

67. O que é Gerenciamento de Riscos Corporativos (ERM)?

67. एंटरप्राइज रिस्क मैनेजमेंट (ईआरएम) क

67. ما هي إدارة مخاطر المؤسسات؟

67.什么是企业风险管理(ERM)?

67. Wat is Enterprise Risk Management (ERM)?

67. Что такое управление рисками предприятия (ERM)?

67. Kurumsal Risk Yönetimi (ERM) nedir?

It will help you to gain more control of your projects with this indispensable guide to active project risk management...

The topics related to ‘project risk management’ have extensively been covered in our course ‘pmp exam preparation’..

We start with the basic question - what exactly is risk management?..

A fun way to explain risk management especially in projects.

Watch this video on project risk management and then.....

The basics of risk management with iso 31000.

Risk management basics: what exactly is it?

l structure of a risk management program.

Risk management - 5 tips to do it right.

Risk management strategy for trading.

What is risk management in projects?

Riskx: the risk management process.

Warren buffett on risk management.

Introduction to risk management.

Risk management funny tutorial.

10 what is risk management?

Free Project Risk Management software designed to help project teams effectively identify, quantify and mitigate risks on projects of all types and sizes. It will help you to gain more control of your projects with this indispensable guide to active project risk management...

The topics related to ‘project risk management’ have extensively been covered in our course ‘pmp exam preparation’..

We start with the basic question - what exactly is risk management?..

A fun way to explain risk management especially in projects.

Watch this video on project risk management and then.....

The basics of risk management with iso 31000.

Risk management basics: what exactly is it?

l structure of a risk management program.

Risk management - 5 tips to do it right.

Risk management strategy for trading.

What is risk management in projects?

Riskx: the risk management process.

Warren buffett on risk management.

Introduction to risk management.

Risk management funny tutorial.

10 what is risk management? Enhance your company's risk management practices and improve the quality of your board's decision making with our advanced risk governance course, which covers everything from traditional risk management elements to advanced risk oversight and includes practical case studies and additional resources to strengthen your board's oversight. https://courses.dcroi.org/courses/ale...

show more

Share/Embed