Enterprise Risk and Decsion Making
Overview
An enterprise risk framework that doesnt impact corporate decision making is useless. However, this may be one of the most
difficult parts of the enterprise risk process.
Challenges
One of the primary challenges that enterprise risk creates for the coporate decision making process is the possibility
of
analysis paralysis. Overwhelmed by the analytics and the presented risks, many leaders
fail to make a decision. Of course the solution is not to ignore the risks or not to do the analysis in the
first place.
Steps to Successful Implementation
