ABSTRACT
The emerging risk management process is identical to the conventional risk management process, but with a few features that are specific to it: the process entails identifying risks, measuring them and managing them. Paradoxically, since we can only look for that which we have designated, the detection and monitoring of emerging risk trends require that we have identified them by name beforehand. Accordingly, we have to compare the risk factors that may impact the enterprise with the pursuit of its strategic objectives, which allows us to draw up an initial list of risks. Risk mapping, available today in a number of organizations, can be an important asset for understanding emerging risks, to extent that risk maps presuppose that risk criteria have been defined by the organization, with its scales of impact and likelihood of occurrence. The mutation underway in framework for corporate governance should step up the pace of the process of integrating emerging risks into organizational executive management strategy.
