Tuesday, September 29, 2009

Enterprise Risk Management - A Balance

"Enterprise risk management and enterprise performance management are really two sides of the same coin. To achieve balance between the two, companies must fully integrate risk management with their operating model, performance goals and decision-making frameworks—the layers of day-to-day accountability within the organization as well as the bigger rules and governance structures by which it operates."

The economic downturn has revealed weaknesses in the traditional ERM controls approach, and this article on the Accenture site explores some alternatives.

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