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Enterprise Risk Management

Lars Powell
Investments

ERM Offers Something for Everyone (Lars Powell Commentary)

Enterprise risk management has been steadily evolving since James Lam coined the term circa 1993. At first, ERM was hard to define, even by high-level practitioners. At a conference in 1999, after a team of consultants from one of the big accounting firms made a lengthy presentation about the ERM program they had implemented for a Fortune 500 client, someone in the audience suggested they should return their fee because they had not delivered ERM. read more >