Foundational concepts for long-term success with ERM governance  

The third in Baker Tilly’s four-part enterprise risk management (ERM) webinar series, Enterprise risk management: ​Building an effective ERM governance structure, explores the process of advancing governance through the creation and continuous maintenance of mature risk management practices.

Review the first and second installments of this series, ERM essentials: Building a strong foundation and Enhancing ERM: Moving beyond the traditional risk assessment, to bolster your understanding of fundamental ERM concepts.   

Whether you’re a seasoned risk professional or only now beginning your journey, this exclusive ERM webinar series from Baker Tilly delivers valuable takeaways. 

Introduction to ERM governance 

A structured approach to identify, assess, manage and monitor risks, ERM governance involves establishing policies, procedures and practices across all levels of an organization to integrate risk management and deliver value for stakeholders.​

Appropriate ERM governance is foundational not only to the creation of a risk-aware culture, but also to its ongoing success by further ensuring risk management activities are aligned with the organization’s goals, objectives and risk appetite. 

Through effective risk governance, ERM allows organizations to make optimal risk-taking decisions: