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Embedding ERM : a process of evolution

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      <subfield code="a">The managers need to understand, quantify and manage more effectively the risks that they face and embed an integrated approach to enterprise risk management (ERM) within the framework of their businesses. This will help them to prioritize key risk factors and develop operating, organizational and financial strategies to ensure risk exposures stay within their risk appetite. It will also enable them to contain those exposures to areas where the firm can add value. if implemented properly, ERM can help companies weather these uncertain times while at the same time improving profitability and shareholder value</subfield>
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