Enterprise Risk Management: India’s Path from Survival to Growth In an increasingly volatile and interconnected world, Enterprise Risk Management (ERM) has emerged as more than a compliance framework. It is now a strategic imperative. ERM not only protects organizations and nations from unexpected shocks but also enables them to pursue opportunities with foresight and confidence. This article builds upon a five-part leadership series and explores India’s preparedness in light of recent U.S. tariffs, the lessons learned, and the way forward, while drawing comparative insights from China. ERM as Shield and Compass ERM plays a dual role. As a shield, it safeguards survival by providing resilience against shocks—be it supply chain disruptions, policy shifts, or compliance risks. As a compass, it enables growth by encouraging calculated risk-taking, facilitating innovation, market expansion, and optimal resource allocation. India’s Current Scenario: U.S. Tariffs Through an ERM ...