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The modern corporate organisation faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Enterprise risk management is a holistic, disciplined approach to identifying, addressing, and managing an organisation’s risks. ERM looks at risk management strategically and from an enterprise-wide perspective. Thus, it is a “top-down” methodology of risk management that calls for leadership-level decision-making. Business continuity management is essentially a form of insurance. It gives organisations the comfort of knowing that, even if disaster strikes, the damage won’t be overwhelming. Without such a plan, a disruptive incident will not be the only cause of extra work and stress but could lead to an organisation being unable to complete work, potentially causing irreparable financial damage. 1. ENTERPRISE RISK MANAGEMENT AND RISK SENSING: https://www.ntuclearninghub.com/en-gb... 2. LEADING BUSINESS CONTINUITY MANAGEMENT: https://www.ntuclearninghub.com/en-gb... For more information about NTUC LearningHub courses, visit: Facebook: / ntuclearninghub Website: https://www.ntuclearninghub.com/ Instagram: / ntuclearninghub Telegram Desktop: https://t.me/NTUCLearningHub