BNET Business Dictionary
Business Definition for: ERM
- Exchange Rate Mechanism: a system to maintain exchange rate stability used in the past by member states of the European Community
Additional Resources
- How ERM Can Improve Treasury Controls
- In the context of heightened awareness Enterprise Risk Management ERM has become a fashionable concept eagerly promoted by consultancy firms and just as eagerly consumed by management. But what is ERM and what relevance does it have for treasury? Every organisation raises capital and during the course of its...
- White papers 2003-01-16
- ERM Lessons Across Industries
- From the executive summary: ‘There has been a rapid spread of Enterprise Risk Management ERM programs across a wide range of industries. Early adopters found ERM to be a valuable, business-building tool that offers competitive advantage to various organizations. The ERM tool also helps in solving the major business issues....
- White papers 2003-03-01
- Successful ERM tells a good story.(Emerging Risk Strategies)(enterprise risk management )(Column)
- Byline: John J. Hampton My Feb. 19 column in Business Insurance identified three problems with ERM. Two were: Problem 1. Various ERM definitions focus on processes that become complex. Solution: ERM simply is an effort to coordinate management o Byline: John...
- Research articles 2007-03-19
- Workbrain Announces the Availability of ERM 3.0
- Business/Technology Editors ATLANTA--BUSINESS WIRE--Oct. 29, 2001 Built on Java-based Architecture, Product is Easy to Use, Quick to Install and Includes Solution Bundles that Address the Highest Value Areas in ERM Workbrain, Inc., a leading provider of Employee Relationship Management ERM solutions, today released WorkbrainTM ERM...
- Research articles 2001-10-29
- Insurers And ERM: Clear About The 'Why,' Working On The 'How'
- This article focuses on results from Tillinghast's benchmark survey on Enterprise Risk Management ERM and how insurers can develop a company-specific ERM operational framework for their own organizations. But the survey shows far less consensus concerning how to implement it. In addition, respondents said they are not satisfied with the...
- White papers 2003-04-07
- Smurfit-Stone streamlines with Workbrain. (ERM 3).(Brief Article)
- Smurfit-Stone Container Corp., Chicago, standardizes its employee relationship management processes on Workbrain, Inc.'s, ERM 3. With ERM 3, Smurfit-Stone can streamline its workforce management processes for more than 30,000 employees in North Ame Smurfit-Stone Container Corp., Chicago, standardizes its employee relationship management processes...
- Research articles 2003-07-05
- ERM-ANOTHER VIEW
- Life actuaries get involvedOver the past three to four years, the Casualty Actuarial Society CAS has developed a strong interest in and involvement with enterprise risk management ERM. In fact, several of its members have been at the forefront of the early development of the ERM concept, serving as conceptual...
- Research articles 2004-07-01
- It's Official: ERM is "Expensive and Time-Consuming"
- Meta Group's latest report about the ERM market is colorful. "To say that implementing ERM solutions requires an enormous commitment is an understatement. They are expensive, time consuming and require change in virtually every department in the enterprise," it says. It compared seven vendors in...
- Research articles 1999-04-06
- ERM -- Starting At The Beginning
- Enterprise risk management ERM continues to gain momentum. As one would expect, this is due in part to the hardening insurance market. But, implementing an ERM program can be a daunting task. Rather than try to tackle this task all at one time, many companies are choosing to take a...
- White papers 2003-01-01
- ERM And September 11
- Numerous organizations do not fear the impact of highly competitive market. However, they do fear about an unexpected risk, which are most threatening to an organization's image. Thus, many organizations are resorting to the methods of Enterprise Risk Management ERM tools, which help in overcoming the loss incurred by the...
- White papers 2001-11-01
- Integrating ERM Into Growth Strategies
- Integration of Enterprise Risk Management ERM into strategic planning is crucial to making the right investment decision. It may be that integration of ERM into strategic planning is considered advanced in this context, but implementation of an organization-wide risk vocabulary is certainly part of the basics. This article reports on...
- White papers 2004-10-04
- ERM for Insurers - From Compliance to Value
- Now there is a growing demand from shareholders and others for senior management to take enterprise risk management ERM more seriously. This means formalizing the essential connection between a company's business operations and its overall risk management program. Strategic ERM requires a unifying framework that articulates risks consistently across an...
- White papers 2005-06-17
- Upfront: ERM Gaining Ground - Slowly
- The companies have enthusiastically embraced Enterprise Risk Management ERM as a method of analyzing and confronting their strategic and operating risks. This article outlines a report which reveals that even then the implementation of ERM processes in the companies has been slow. This report shows that while fully 91 percent...
- White papers 2005-10-01
- An Urgent Call to Action: COSO, ERM and the Role of the Risk Manager
- This white paper describes how risk managers can and should be vital contributors to the ERM process, due to their valuable knowledge and experience of risks and controls. This white paper also provides recommendations for risk managers who have already committed to the Enterprise Risk Management ERM framework and are...
- White papers 2004-02-01
- META Group Study Dispels Common Myths About ERP/ERM Implementation Costs and Overall Value Comprehensive Study Assesses ERP/ERM Issues and Compares Top Vendors
- STAMFORD, Conn.--BUSINESS WIRE--April 1, 1999--META Group Inc. (Nasdaq:METG) today announced findings from a survey of more than 60 organizations that have recently implemented enterprise resource planning (ERP/ERM)a systems. The survey compares seven leading vendors in such areas as implementation costs, total cost of ownership TCO and time to benefit, quantifying...
- Research articles 1999-04-01
- Europe's ERM services market to grow to USD34m by 2004, says study
- CORPORATE IT UPDATE-C1995-2000 M2 COMMUNICATIONS LTD European demand for enterprise resource management ERM services has again picked up after a drop in 1999 due to the date change, according to new research from IDC. The company predicts that Europe's ERM market will grow from over ...
- Research articles 2000-08-01
- Fitch Webcast: Insurance ERM, Thursday, 9/28 10 a.m. ET
- LONDON & CHICAGO & NEW YORK -- Fitch Ratings will host a Webcast Thursday, Sept. 28 at 10:00am ET (15:00 BST / 09:00 CT) to comment on its Enterprise Risk Management ('ERM') report, which was released Wednesday. Fitch believes ERM represents an 'evolution, not a revolution' of risk management...
- Research articles 2006-09-27
- Fitch: Insurance ERM is Evolution not Revolution
- LONDON & CHICAGO -- Fitch Ratings said in a Special Report today that Enterprise Risk Management ('ERM') represents a step forward in the evolution of risk management practices. From a qualitative standpoint, few changes in Fitch's criteria methodology are required as many facets of ERM are currently embedded in Fitch's...
- Research articles 2006-09-26
- Governance And Risk Management In Manufacturing: ERM - Not Just For Big Companies
- Executives and the Board are now confident that they understand the company's current major risk areas and the priority that each should receive in its Enterprise Risk Management ERM efforts. Further, the company now has a common understanding, language, and philosophy around risk that will guide the establishment of the...
- White papers 2009-03-11
- Smurfit-Stone Container Corporation Standardizes on Workbrain ERM 3.
- ATLANTA, GEORGIA, Jun 24, 2003 CCNMatthews via COMTEX Workbrain Continues to Provide Complete Workforce Management Solutions for the Process Manufacturing Industry Workbrain, Inc., today announced that Smurfit-Stone Container Corporation (Nasdaq: SSCC), a leading manufacturer of packaging products, will standardize on WorkbrainTM...
- Research articles 2003-06-24
