 In general, the CRO has many crucial tasks to look for in any organization to better serve its needs and mitigate its risk.According to the Enterprise Risk Management Initiative, CROs need to find a way to balance risks and inventory decisions to obtain an optimum level for stakeholders and maintain a positive reputation regarding the firm.However, the job description of CRO there is more in depth, there are some general tasks which every CRO has to be familiar with, such as, understanding the concept of Enterprise Risk Management (ERM).