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May 3, 2023

Enhancing the Future Relevance of ERM

This thought paper, Enhancing the Future Relevance of ERM:  Insights from ERM Leaders, summarizes a number of key insights from enterprise-wide risk management (ERM) leaders about continuous improvement opportunities and practical techniques that business leaders can use to advance the strategic value of their organization’s risk management processes. The paper highlights innovative and emerging themes ERM leaders are embracing to strengthen their organization’s understanding of emerging issues before they occur.

Aug 16, 2021

Strengthening Operational Resilience in a Post-Pandemic Environment

In a post-pandemic environment, organizations worldwide are implementing risk management strategies to create more resilient future operations. Operational resilience is the organization's ability to prepare responses to be in a position to recover quickly from disruptive events and continue to function amid challenging events. In its thought paper, Operational Resilience: Considerations for Boards, the C-Suite and Enterprisewide Implementation, Protiviti outlines top considerations for business leaders as they build resilience to support disruptions of an organization's ability to deliver goods and services, regardless of the severity of the event. Protiviti highlights a number of key concepts and practices for C-suite leaders, considerations for the board in overseeing operational resilience, and a checklist of essential elements to implement a resilience plan.

Jan 24, 2019

Are You Trying to Embed ERM Thinking Deeper in Your Organization?

Extending the Reach of ERM: Techniques for Engaging More Employees

Jan 8, 2019

The Value Proposition for ERM: From Intangible to Tangible

This case study, The Value Proposition for ERM: From Intangible to Tangible, provides great examples of ways that ERM has added value at six different companies.

Apr 24, 2018

Strategies for Designing a Lasting ERM Process: A Case Study

Discover strategies for sustaining an effective ERM process over time. NC State’s thought paper highlights six real-life case studies offering key insights for boards and senior executives.

Jul 1, 2010

How Did BP’s Risk Management Lead to Failure?

The news has been flooded with updates on the environmental impact of the BP oil spill on the gulf coast and the economic impact on businesses in the surrounding areas. Many are wondering: How could something like this happen? Why has it taken so long to fix? What was BP management thinking? The answers to these questions are centered on one element the financial world has been buzzing about since the financial crisis: risk management. This article points out the critical components of risk management that were absent at BP and compares them to the basic principles any company should employ to successfully manage risks.

Mar 1, 2010

Managing Risks with Sustainable Practices

The Ceres Roadmap for Sustainability outlines twenty expectations for embedding sustainability in governance, risk management, and strategy. Learn how strong governance and accountability create a resilient, future-ready organization.

Feb 19, 2010

Launching ERM: Lessons from Highwoods Properties

Jeff Miller of Highwoods Properties shared insights on building a risk-aware culture, leveraging both top-down and grassroots approaches, and embedding ERM into strategic decision-making processes.

Dec 1, 2009

Six Sigma and Risk Assessments

Textron Inc. leverages its DFSS methodology for a robust risk assessment process, improving audit efficiency and aligning risk management with strategic business objectives. Discover how Textron reduced costs and enhanced risk oversight.

Oct 2, 2009

Strengthening Risk Oversight: Practical Lessons from Cree, Inc.

Scott McKay of Cree, Inc. discusses effective ERM strategies, focusing on identifying entity-wide risks, using heat maps for risk assessment, and communicating risk ownership to drive strategic decision-making.