Welcome to another episode of Finance ABC. I’m Emma Lai, and today we’re diving into an essential topic for businesses of all sizes: Enterprise Risk Management, or ERM. Now, the phrase risk management may make you think of insurance, safety procedures, or maybe something related to finance, but Enterprise Risk Management is so much more than that. ERM is a comprehensive approach that helps organizations identify, assess, and manage risks across all areas of their operations. Whether a company is looking to expand, maintain stability, or safeguard its reputation, ERM is critical for managing uncertainties that could impact its goals.

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