Enterprise Risk Management

Enterprise Risk Management (ERM) is a continuous enterprise-wide process that will enable Wright State University to pursue its strategic and operational objectives through the use of a comprehensive and proactive approach to identifying, prioritizing, and mitigating risks. 

Benefits

• Focuses on resources and efforts on key high-risk areas.
• Identifies events representing opportunity.
• Increases understanding of how mitigating activities and controls affect risks.
• Improves the allocation of resources.
• Involves participants as part of the solution.
• Monitors the progress of risk mitigation activities.
• Integrates risk awareness into the University’s culture and empowers everyone to be a risk manager.