Organizations (e.g., ERM Initiative)

Organizations like the ERM (Enterprise Risk Management) Initiative are groups dedicated to helping companies identify, assess, and manage potential risks that could impact their success. They focus on creating strategies to minimize negative surprises—such as financial loss, reputational damage, or operational disruptions—by implementing best practices, research, and tools. These organizations often collaborate with businesses, academics, and policy makers to promote comprehensive risk management approaches that support sustainable growth and resilience. Their goal is to help organizations operate confidently in an uncertain environment by understanding and preparing for various risks effectively.