|Watch Your Back: As Companies Map Their Growth Strategies,
They Should Pay More Attention to the Hazards They Entail
|Key Words||Planning, Risk, Strategy|
|InfoTrac Reference|| A120459956
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Enterprise Risk Management, or ERM, a concept introduced in the 1990s, sought to integrate risks into strategic planning, but was often limited to credit and market risks. The terrorist attacks on September 11, 2001, coupled with new governance rules enacted after that year's corporate scandals, have sparked renewed interest in ERM and its application to business success. New ERM programs seek to get involved with the planning process from the start.
|Source||"Watch Your Back: As Companies Map Their Growth Strategies, They Should Pay More Attention to the Hazards They Entail," CFO, The Magazine for Senior Financial Executives August 2004, v20 i10 p61(2).|
|Instructor Discussion Notes|| Discussion Notes
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