ERM governance

An Enterprise Risk Management Program is NOT One-size Fits All

Designing an ERM program involves a lot of experimentation based on your company’s leadership, culture and operations The board and/or executives have decided to establish an enterprise risk management (ERM) program.  You have been given the responsibility of designing an ERM program for your organization and have established that they are in it for the…
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Is the Enterprise Risk Management Process in Shambles?

I recently wrote two articles referencing the latest report from the Enterprise Risk Management (ERM) Initiative at North Carolina State University, in partnership with the American Institute of Certified Public Accountants (AICPA).  Their 8th State of Risk Oversight report provides an overview of ERM practices for a variety of industries. This report continues to provide…
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4 Possible Paths Your ERM Program Can Take

Setting up an enterprise risk management (ERM) program is just the beginning of a continuous process to help your organization achieve strategic and operational objectives. Like many things in life, this is easier said than done… Companies will establish an ERM program for a variety of reasons – perhaps a simple question from a board…
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