A transition in risk management
risk management
Business risk management
Enterprise risk management
focus
Financial and hazard risk and internal controls
Business risk and internal controls
Business risk and internal controls
objective
Preserve enterprise value
Preserve enterprise value
created and Preserve enterprise value
scope
Treasury,
insurance and operations involved
Business managers accountable (risk-by-risk)
Strategy people process technology and knowledge aligned to manage risk on an enterprise-wide basis
Emphasis
Financial and operations
management
Strategy
Application
Selected risk areas, units and processes
Enterprise-wide