Location: Online via LiveMeeting Contact: 650.307.6973 scpd-sdrm@stanford.edu Register today!As more and more companies implement Enterprise Risk Management (ERM) programs, forward-thinking companies are moving beyond risk protection and compliance to embrace the upside of risk.Many organizations "manage risk" in such a way as to avoid loss. But by taking a strategic view -- one that embraces the upside as well as the downside, leading corporations create competitive advantage.Traditional ERM focuses on low-probability, high consequence risks, yet most of the value impairment comes from the uncertainty in the value drivers of businesses. Value-Driven ERM is comprehensive and considers all uncertainty on a consistent basis so that management can recognize the key sources of risk and opportunity by business unit and across the entire enterprise. With such a comprehensive picture, management can embrace uncertainty, instead of eliminating risk, and manage exposure in a way that creates shareholder value. Sponsor: Stanford Center for Professional Development Audience: Free Webinar - The Upside of Risk: A Better Way to View Enterprise Risk ManagementFacebookTwitterEmailPrintAdd to CalendarRegister today!As more and more companies implement Enterprise Risk Management (ERM) programs, forward-thinking companies are moving beyond risk protection and compliance to embrace the upside of risk.Many organizations "manage risk" in such a way as to avoid loss. But by taking a strategic view -- one that embraces the upside as well as the downside, leading corporations create competitive advantage.Traditional ERM focuses on low-probability, high consequence risks, yet most of the value impairment comes from the uncertainty in the value drivers of businesses. Value-Driven ERM is comprehensive and considers all uncertainty on a consistent basis so that management can recognize the key sources of risk and opportunity by business unit and across the entire enterprise. With such a comprehensive picture, management can embrace uncertainty, instead of eliminating risk, and manage exposure in a way that creates shareholder value. When:Wednesday, January 30, 2013. 9:00 AM. Where:Online via LiveMeeting (Map) Sponsor:Stanford Center for Professional Development Contact:650.307.6973 scpd-sdrm@stanford.edu Audience:General Public, Faculty/Staff, Students, Alumni/FriendsTags:lecturePermalink:http://events.stanford.edu/events/358/35899More info...Last modified January 25, 2013.