Each department keeps a private risk list, and leadership has no consolidated enterprise view. What ERM structural goal is missing?
Select an answer to reveal the explanation.
Short Explanation
Silo lists are like each kitchen writing its own fire-exit plan and never telling the building manager. ERM pulls the picture together so leadership can see what actually threatens the whole organization’s objectives.
Full Explanation
Enterprise risk management seeks an integrated view of risks across the organization as they relate to objectives. Departmental inventories alone leave leadership without visibility into cross-cutting exposures and priorities. Consolidation and escalation enable enterprise-level oversight and decision-making.