managing ERM expectations

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managing ERM expectations

The Ultimate Guide to Being a Team Player or Not During Meetings

Every new year ushers in a season of planning and activity, and that translates into more meetings. We have two choices: make the most of them and add value OR be a total pain in the neck to everyone else. For those of you who think meetings are a waste of time, we’ve compiled a…

Integrating Strategic Risk Management and Operational Risk Management

Most organizations, if not all, have some level of operational risk management. For example, some organizations are focused on operational risk related to safety or contract oversight of vendors. But a common view of operational risk management is slightly broader by examining risks associated with the actual daily operations of the organization. Examples include understanding…

Make Your Words Count: Translate Risk Terminology to Fit the Business

How many times have you presented risk information to leadership and watched them walk away with glazed eyes and no idea what was just discussed? Or worse yet, someone falls asleep like this: Okay – hopefully, it hasn’t been that bad. But speaking from experience, leaving a meeting with executives not understanding the presentation happened…

From Debbie Downer to Team Player: 4 Ways to Change Your Organization’s Perception of ERM

Nobody likes a “Debbie Downer,” except of course the hilarious, unforgettable character from Saturday Night Live. She’s the one who always has something negative to say, even in the best situation. Unfortunately, organizations often think of ERM as the corporate Debbie Downer. You know you’ve received this dubious label when you’re not invited to planning…

Being Included vs. Being Engaged – One Key to ERM Success

I have written previously about how ERM can be integrated into strategic planning (see here, here, and here) and project management. During a recent conversation with another risk professional regarding ERM’s role within an organization, we spoke about how it was included in various activities and meetings. While ERM was being “included,” it soon became…

Handling Unrealistic Expectations of Enterprise Risk Management

You have been told to put together an enterprise risk management program. Oh, and by the way, they want X, Y, and Z in 3 months. After picking your jaw off the floor, your head starts spinning with the impossibility of meeting those expectations. What do you do? You think that there is only one…