This message has been cross posted to the following eGroups: Risk Professionals and Enterprise Risk Management .
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I am looking for feedback or case studies regarding tangible benefits that have been realized after or in conjunction with implementing a formal ERM program. We have a lot of input/discussions regarding the theoretical benefits of increased coordination, better visibility, meeting regulatory/external expectations, etc, etc, but I am struggling to gather real examples of measurable benefits. Can anyone share examples of a real, tangible benefit they recognized (real risk actually avoided or capitalized upon for incremental benefit, measurable cost/revenue impacts, identification of a significant risk that was previously undetected, meaningful action plans, etc) from implementing an ERM program that would not have otherwise been realized?
Thanks in advance for sharing.
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Tara La Bree
Manager, Risk and Compliance
Quantum Corporation
Colorado Springs CO
United States
tara.labree@quantum.com-------------------------------------------