RIMS and Marsh Release Excellence in Risk Management VI Report
Sixty-seven percent of businesses want to adopt a more strategic approach to risk management, of which ERM (enterprise risk management) is generally seen as a key component, according to the findings in the Excellence in Risk Management VI: Strategic Risk Management in Practice report, a collaborative effort between Marsh and Risk and Insurance Management Society, Inc. (RIMS).
The report also shows that the adoption of ERM appears to have reached a plateau at about 65 percent of firms, including a growing percentage of firms during the past four years that are partially implementing ERM in their efforts to become more strategic.
RIMS members can download a copy of the report at www.RIMS.org/ResourceLibrary. Others may access the report by registering at http://global.marsh.com/news/articles/excellence/register.php (registration is required).
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David Kaye and Julia Graham’s book A Risk Management Approach to Business Continuity: Aligning Business Continuity with Corporate Governance 
extensively addresses the relationship between business continuity and risk management.
Tags: enterprise risk management, ERM, Marsh, RIMS, Risk Management
