Governance And Risk Management In Manufacturing: ERM - Not Just For Big Companies

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Executive Summary

Executives and the Board are now confident that they understand the company's current major risk areas and the priority that each should receive in its Enterprise Risk Management (ERM) efforts. Further, the company now has a common understanding, language, and philosophy around risk that will guide the establishment of the ERM program. The company is now defining ERM roles and responsibilities and developing a plan for implementing and communicating the program throughout its global business.

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