By Jim DeLoach and Shawn Tebben, Protiviti Managing Directors
In an increasingly risky world, the discipline of risk management is moving steadily beyond the tactical level as organizations take a fresh look at enterprise risk management (ERM) and explore how best to assimilate governance into their ERM process. Integrating governance and ERM is not a new idea. The two processes have long been intertwined conceptually. Since integration is so vital to the success of ERM, this article focuses on assimilating governance into the ERM process.