ERM Framework

An ERM (Enterprise Risk Management) framework is a structured approach organizations use to identify, assess, and manage potential risks that could affect their objectives. It helps organizations understand different types of risks—like financial, operational, or strategic—and develop plans to reduce or handle them effectively. The framework ensures risk management is consistent, proactive, and integrated into decision-making processes across all levels. Overall, ERM aims to protect the organization’s assets, reputation, and goals by systematically addressing uncertainties before they become problems.