What is ERM?

ERM is an acronym for “enterprise risk management” and refers to the processes put in place to minimize internal and external threats that a business may face. According to the Committee of Sponsoring Organizations of the Treadway Commission (COSO), ERM includes all the steps and procedures that a business needs to establish to handle unexpected […]

5 tips for creating a strategic plan for your business

Planning is essential for the success of any business. In business circles, strategic planning refers to a process in which an organization construes its strategies and makes decisions concerning the allocation of resources to plans set forth by the business. A strategic plan can break or make your enterprise; thus you must put in lots […]