they also review business unit strategic plans
which provides another level of strategy and ERM
INTEGRATION OF ERM WITH STRATEGY – 13
integration. The CERMC is able to view the strategic plans through the lens of the recently
reviewed enterprise-wide risks distilled from the work of the ERM Core Team and ERM
workshops. Having this dual outlook helps identify overlooked areas or risks that may have been
included in the risk portfolio but not addressed in the strategic plan.
The last component of the integration cycle happens at the end of the business plan …
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