The strategic implications of ERM refer to the effects of the ERM process on setting strategic
objectives and on strategy. As ERM is a process whose mechanisms should be/are built into the
infrastructure of the entity with the goal of ensuring, with reasonable assurance, that the entity‟s
objectives, all four categories – strategic, operations, reporting and compliance, are achieved, the
strategic implication may be described as follows
The strategic implications of ERM refer to the effects of the ERM process on setting strategic objectives and on strategy. As ERM is a process whose mechanisms should be/are built into the infrastructure of the entity with the goal of ensuring, with reasonable assurance, that the entity‟s objectives, all four categories – strategic, operations, reporting and compliance, are achieved, the strategic implication may be described as follows
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