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ERM and Strategy

Side of Hunt

Apr 5, 2024

What is Enterprise Risk Management (ERM)?

This article outlines how ERM differs from traditional risk management and how an ERM process can be one of the entity's most important strategic tools.

Kristy Hubard and Mark Beasley

Feb 23, 2024

Positioning ERM for Strategic Value

Kristy Hubard of Novant Health shares how they have integrated ERM into strategic decision-making to create a risk-aware culture focused on achieving strategic objectives.

Nov 29, 2023

Capturing the Benefits While Managing the Risks of Generative AI Technologies

There is tremendous excitement surrounding the release of the latest artificial intelligence (AI) tools, such as OpenAI’s ChatGPT and organizations are exploring all kinds of ways they may be able…

Jul 20, 2023

Why the disconnect? Risks are Everywhere; Risk Management is Not

The 14th edition of The State of Risk Oversight, a report produced jointly by the AICPA & CIMA, together as the Association of International Certified Professional Accountants, and the ERM Initiative at North Carolina State University, shows that the volume and complexity of risks continues to be prominent on the radar of leaders at U.S. organizations of all types and sizes. However, complete and formal ERM processes are just as common now as five years ago, after the survey showed nearly a decade of increased interest in ERM. Mark Beasley, CPA, Ph.D., a professor at N.C. State and director of the school's ERM Initiative, analyzes the disconnect, explains why a post-pandemic sigh of relief is not a good sign for risk managers, and shares some of the questions that organizations can ask themselves to improve their ERM practices.

David Hughes

Jul 10, 2023

Focusing on Strategic Risks in Interviews with Executives

David Hughes, Assistant VP and Head of ERM at HCA Healthcare shares insights about the success HCA Healthcare has had with conducting risk identification and assessment interviews with a specific focus on strategy and strategic risks.

Zach Wolff

Jul 6, 2023

Balancing ERM’s Focus on Operational Risks and Emerging Risks

Zach Wolff, Director of ERM and SOX Internal Controls, ConEdison, shares insights about approaches his organization takes to develop “watch lists” of emerging, hard to identify strategic risks.

Eric Mai

Jun 21, 2023

A Spotlight on the Evolution of ERM at Delta Air Lines

Eric Mai, director of Enterprise Risk Management at Delta Air Lines, talks about how ERM has evolved at Delta Air Lines.

Jun 7, 2023

Enhancing Risk Insights by Integrating ESG Perspectives

This thought paper, "Enhancing Risk Insights by Integrating ESG Perspectives: An Opportunity for ERM Leaders," is intended to help ERM leaders and other executives enhance their organization’s risk insights by strengthening the integration of their ERM and ESG efforts. The paper is based on interviews with ERM leaders who shared insights not only about challenges related to integrating ESG into their ERM processes but also suggestions of a number of opportunities leaders can consider to reap the benefits that can be realized through enhanced ESG considerations.

Angela Hoon

May 23, 2023

The Value of Engaging Business Leaders in ERM

Angela Hoon, SVP, Audit, Risk & Asset Protection at Advance Auto Parts, shares several best practices that have proven success within her organization

Mark Beasley

May 17, 2023

ERM Roundtable Summit Brings Together Risk Management Leaders From Across the U.S.

The 2023 ERM Roundtable Summit attracted 200+ attendees from leading organizations worldwide.