The 12 Days of ERM Christmas

Without a doubt, one of my family’s favorite holidays is Christmas. Part of the fun, especially for our son, is seeing what “Santa” brought, but most importantly, we treasure the spirit of peace and goodwill the season brings.

And after what seemed to be a never-ending warm spell, the weather is expected to be good and frosty on Christmas Day this year, which is something that isn’t always guaranteed here in northern Florida.

This week’s article is really on the light-hearted side.

One thing I truly enjoy this time of year is the Christmas music. As you know, the 12 Days of Christmas is one of those classic tunes you’re bound to hear at least once during the holiday season. There’s all sorts of variations, including the Muppets, Sesame Street, and even a Redneck version (you’d have to live in our region of the U.S. to understand!!).

So without further ado, feast your eyes and ears on the 12 Days of ERM Christmas!! If you’re inclined to dig into each of the “gifts” listed, I’m also including a link to a relevant article that corresponds to that gift.

On the first day of ERM Christmas, my boss gave to me one mission and a vision

On the second day of ERM Christmas, my boss gave to me two ERM standards and one mission and a vision…

On the third day of ERM Christmas, my boss gave to me three strategic goals, two ERM standards, and one mission and a vision…

On the fourth day of ERM Christmas, my boss gave to me four risk appetite statements, three strategic goals, two ERM standards, and one mission and a vision…

On the fifth days of ERM Christmas, my boss gave to me FIVE RISK RESPONSES, four risk appetite statements, three strategic goals, two ERM standards, and one mission and a vision…

On the sixth day of ERM Christmas, my boss gave to me six different scenarios, FIVE RISK RESPONSES, four risk appetite statements, three strategic goals, two ERM standards, and one mission and a vision…

On the seventh day of ERM Christmas, my boss gave to me seven risks from new projects, six different scenarios, FIVE RISK RESPONSES, four risk appetite statements, three strategic goals, two ERM standards, and one mission and a vision.

On the eighth day of ERM Christmas, my boss gave to me eight happy leaders, seven risks from new projects, six different scenarios, FIVE RISK RESPONSES, four risk appetite statements, three strategic goals, two ERM standards, and one mission and a vision.

On the ninth day of ERM Christmas, my boss gave to me nine risks to be taken, eight happy leaders, seven risks from new projects, six different scenarios, FIVE RISK RESPONSES, four risk appetite statements, three strategic goals, two ERM standards, and one mission and a vision.

On the tenth day of ERM Christmas, my boss gave to me ten decision biases, nine risks to be taken, eight happy leaders, seven risks from new projects, six different scenarios, FIVE RISK RESPONSES, four risk appetite statements, three strategic goals, two ERM standards, and one mission and a vision.

On the eleventh day of ERM Christmas, my boss gave to me eleven Board members, ten decision biases, nine risks to be taken, eight happy leaders, seven risks from new projects, six different scenarios, FIVE RISK RESPONSES, four risk appetite statements, three strategic goals, two ERM standards, and one mission and a vision.

On the twelfth day of ERM Christmas, my boss gave to me twelve risk and performance metrics, eleven Board members, ten decision biases, nine risks to be taken, eight happy leaders, seven risks from new projects, six different scenarios, FIVE RISK RESPONSES, four risk appetite statements, three strategic goals, two ERM standards, and one mission and a vision.

As 2022 concludes, I want to take a moment and give a heartfelt thank you to all of my loyal readers. Regardless of whether you’re an occasional reader or a long-term client, I’m honored to be a part of your journey.

Wishing you and your family a Merry Christmas and Happy New Year!!

What would you include in the 12 Days of ERM Christmas?

Don’t be shy!! This is what we were able to come up, but that doesn’t mean there aren’t better options. To share your suggestions, leave a comment below or join the conversation on LinkedIn.

If your organization is struggling in one of these areas or any others, please don’t hesitate to reach out today to begin discussing your specific situation and needs!

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Meet Carol Williams, SDS Founder & Lead Strategist

To our readers:

This blog was launched to provide strategy and risk practitioners with a go-to resource to better guide their efforts within their companies. Thank you for bringing me and my team along to be part of your journey towards better risk management, strategic planning and execution, and overall decision-making. Happy reading!

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