Learning Lab 1: Introduction to Enterprise Risk Management (ERM)
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About this event
This session will begin with an introduction to Enterprise Risk Management (ERM). ERM was introduced after the failure of large corporations such as ENRON and WorldCom. Traditional risk management is concerned with an organization’s pure risk, primarily hazards. ERM was developed to manage all of an organization’s risks, including operational, financial, and strategic. Procurement, either public or private, plays a major role in managing these risks.
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NIGP Learning Lab
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