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USING RISK METRICS TO SET THE FOUNDATION OF YOUR ERM STRATEGY
Companies in every industry face risk on a daily basis. However, when a company reaches the enterprise level, it becomes unmanageable to tackle risk management manually via spreadsheets.
It’s at this point that they will typically turn to enterprise risk management (ERM) tools to empower them to scale their workflows and better identify, evaluate, monitor, and mitigate risks.
However, with a dynamic business environment, it can be challenging to assess risk tolerance and appetite as the first step to an ERM strategy.
In this eBook, we share how to calculate risk appetite and risk tolerance. You’ll learn:
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