In this risk identification phase of ERM, Lam advises companies to consider events that may be “outside the bell curve,” he says, such as a scenario that might affect customer demand.

Michela Buttignol / Investopedia Enterprise risk management (ERM) is a methodology that looks at risk management strategically from the perspective of the entire firm or organization. It is a top ...

According to a recent study, organizations with higher risk maturity levels consistently ... intelligence and AI-powered data analysis, ERM's (enterprise risk management) scope and effectiveness ...