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Enterprise Risk Management: A Primer for Business Leaders – Part IV

One of the big challenges facing business leaders who want their organizations to adopt ERM is knowing where to begin and how to avoid falling into a trap of using something that is filled with indecipherable jargon or technobabble.  An even bigger trap for business leaders is reliance on the advice of a high-priced consultant that projects an air of competence simply to be able tell the board and the public that they don’t deserve blame when ERM processes fail.  “It’s not our fault!  We relied on the smartest, best and most expensive advice we could find!” More from our friends, Mark and Lori Siwik.

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