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Business Partner Magazine

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What is ERM?

March 25, 2019 by Ken Lynch

Man writing on a white board

ERM is an acronym for “enterprise risk management” and refers to the processes put in place to minimize internal and external threats that a business may face. According to the Committee of Sponsoring Organizations of the Treadway Commission (COSO), ERM includes all the steps … [Read more...]

Business Tactics 2019: The Significance of Synergy Between Leadership & Compliance

March 18, 2019 by Contributed Post

Compliance requirements

Introduction When it comes to running a business, there are many moving parts that are constantly changing - New business laws, employees, customers, money coming in, and money going out. At the top of a business venture, there's more than likely a C.E.O. or a group of owners … [Read more...]

Risk Tolerance versus Risk Appetite

January 20, 2019 by Ken Lynch

Man in gray suit playing chess

Even though risk tolerance and risk appetite are used interchangeably in most cases, they are different from one another by a certain degree. With many standards and regulations focusing on the process of risk management, only a few of them define clearly the distinctions between … [Read more...]

Enterprise Risk Management for Credit Unions

January 10, 2019 by BPM Team

Enterprise Risk Management for Credit Unions

Enterprise Risk Management Critical to Ensuring the Success of Credit Unions and Other Businesses All businesses, including credit unions, face risks to achieving their overall objectives. Few spend enough time identifying these risks and developing plans to preempt or … [Read more...]

Keys to Managing Your Growing Enterprise

December 20, 2018 by BPM Team

Keys to Managing Your Growing Enterprise

You’ve been in business for a few years now and had a bit of experience under your belt. You’ve built up your social media following, your website draws in traffic by the hundreds, and you have plenty of clients (past and present) oozing admiration for your company and the work … [Read more...]

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