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Guest: Catherine Hall, Director of PwC's Governance Insights Center
Risk management is a core board responsibility. As risks have increased in both nature and complexity over the years, a formal process is important to effectively manage this important board responsibility. Boards know this process as Enterprise Risk Management (ERM) – a framework that is constantly evolving with the risk landscape. How can boards, audit and risk committees keep pace?
In this episode, Catherine Hall provides an overview of the ERM landscape and offers guidance for boards navigating this ever-evolving space:
• Do boards of directors approach ERM differently today than they did a few years ago? What exactly has changed?
• What questions can directors ask management to assess how robust the company’s ERM program is?
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