Archive for August, 2013
As every entrepreneur realizes, starting a business is always risky; and as long as a company remains in business, taking risks is necessary for continued growth. Basically, risk is an integral part of business, and therefore, is woven into the very fabric of the world of business enterprise. In order to reach the highest levels of success, businesses need to minimize risk by making the wisest, and most lucrative, decisions possible.
To do accomplish this feat, enterprise risk management, or ERM, has become an essential part of the most successful company business plans. At the same time, business risk management continues to evolve to meet the complexities of a perpetually changing marketplace. In light of the speed at which digital communication technology is advancing, the need to ad