Roberto C. Bassig
The importance of managing various business risks effectively is widely acknowledged and accepted by business leaders. However, one of the most common questions I get as a consultant from executives and business owners relates to the journey of formalizing the processes related to risk management. While most have an idea on the concept of Enterprise Risk Management or ERM, most of the time they are also unsure of whether such is a painstaking and resource-hungry initiative that would lead them nowhere.