William G. Shenkir, Ph.D.
Professor Emeritus
McIntire School of Commerce
University of Virginia

It is not uncommon for modern businesses to carry a wide variety of risks, ranging from litigation to technological disadvantages, in their risk portfolios. Because there are so many risks ranging in severity and scope, there is a need among organizations of all industries to manage the diversity of risks that can impact their survival. ERM has emerged as a necessary process for organizations to address risks they face. For ERM to be effective and integrated into the organization, it must be fully understood and defined. In this session, you learn how ERM should be defined and understood by stakeholders within the organization.

Download PDF