2. **How can organizations balance the need for innovation and competitive advantage with effective risk management practices to ensure long-term sustainability and resilience?
**What is the role of an Enterprise Risk Management (ERM) framework in identifying, assessing, and mitigating risks across an organization, and how can it be effectively integrated into the strateg...
These questions aim to explore foundational aspects, risk identification and mitigation, and the impact of technological advancements on enterprise risk management.?
3. **In what ways can emerging technologies, such as artificial intelligence and blockchain, be leveraged to enhance risk management processes within an enterprise?
2. **How can organizations effectively identify and prioritize potential risks to their operations, and what strategies should be employed to mitigate these risks proactively?
**What are the key components of an effective enterprise risk management (ERM) framework, and how can organizations ensure that these components align with their strategic objectives?