“ERM Is NOT an Option; It’s a Necessity.” Bean Media Group, of which The CEO Magazine is the newest launch, just published my article “Answers to the Top Ten Enterprise Management Questions.”

This article makes a definitive case for why ERM needs to be the linchpin of every organization’s strategy, from start-ups to multinational conglomerates.

For more information on why economic uncertainty and destabilized global markets call for a radically new approach for managing and responding to risk, read these answers to ten fundamental questions at www.theceomagazine.com.au.

1. What is Enterprise Risk Management and why is it important?
2. What are the initial elements of an ERM program?
3. What other elements of an ERM Program are necessary?
4. What is the appropriate risk context for an organization?
5. How is a risk culture developed?
6. How are potential risk events categorized?
7. What are the different types of risk responses?
8. What about ERM and IT?
9. How can data analysis help detect collusion between purchasing employees and vendors?
10. What is the best way to work with the media during crisis?

About CEO Magazine

The CEO Magazine is the latest business magazine published by Bean Media Group, an award-winning Australian publisher of business magazines in the B2B category. The CEO Magazine is a bi-monthly title that provides readers with a wealth of articles ranging from business strategy, expert opinion, analysis, corporate case studies, emerging trends, leadership, growth opportunities, and challenges facing leading business leaders. For more information on Bean Media Group and its range of publications, visit www.media.net.au.

Courtesy of the magazine, you can read the article at the link below.

Top Ten Enterprise Risk Management Questions (ERM) 

Portions of this article are applicable to those using ERM, ORM, enterprise risk management, contingency planning, scenario planning, disaster recovery planning, worst case scenarios, business model updates, and capacity planning.