Monthly Archives: July 2015

The ERM – Business Success Matrix, and the “Success Paradox”

The ERM – Business Success Matrix, and the “Success Paradox”

Companies usually find themselves in one of four quadrants of the ERM/Business Success matrix:

  1. A company has proper risk controls in place and is successful/profitable
  2. A company does not have proper risk controls in place and is successful/profitable
  3. A company has proper risk controls in place and is unsuccessful/unprofitable
  4. A company does not have proper risk controls in place and is unsuccessful/unprofitable

The Success Paradox

The term “Success Paradox” has been used to refer, among other things, to individuals that are economically successful not being as happy as those less economically well-off, to the increased vulnerability of developed countries to diseases such as measles, and to the concept that an enterprise, such as a poverty NGO, can put itself out of business if it is successful.

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