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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.

Oct 20, 2022

ERM Initiative Bridges Risk and Strategy at In-Person ERM Roundtable Summit

The first in-person gathering in three years, the event brought together more than 130 risk leaders from across the United States.

Jul 6, 2022

Five Actions to Build a Resilient Organization

The 2021 Deloitte Global Resilience Report explores how to strengthen resilience in your organization to be prepared to overcome disruptions and thrive amid extreme circumstances. Through 2,260 interviews with public- and private-sector CXOs in 21 countries, the report identifies five organizational characteristics common to companies that have proven to adapt, bounce back, and persist amid disruption: preparation, adaptability, collaboration, trust and responsibility. This article translates those characteristics into practical, actional steps for leaders to build resilient organizations.

May 23, 2022

Running the Risk: What it Takes to be a Chief Risk Officer (CRO)

This article, "Running the Risk: What it Takes to be a Chief Risk Officer (CRO)" by Samantha Beavers discusses the important attributes of an effective chief risk officer (CRO).

Apr 29, 2022

Elevating Value of Leading-Edge ERM: Highlights from the April 22, 2022 ERM Roundtable Summit

The sharing of insights and experiences among ERM leaders continues to help advance the strategic value of ERM programs among organizations. Fostering thought leadership on strategically focused risk management is a core mission of the ERM Initiative at NC State University. The “golden nuggets” shared by speakers at the April 22, 2022 ERM Roundtable Summit covered a variety of topics related to advancing best practices in enterprise risk management (ERM). We are providing this high-level summary so others can benefit by what was shared in each of the six sessions. 

Feb 28, 2022

REGISTER NOW! Master of Management, Risk and Analytics Concentration (MRA) Session, February 28, 2023

Poole College’s MRA concentration prepares leaders with risk management and data analytics skills. Join the online program for strategic leadership in a data-driven world. Learn more at the upcoming information session.

Mark Beasley and JMark Scearce

Feb 23, 2022

Interdisciplinary Collaboration: World Risks and Design Philosophy

Mark Beasley teams with JMark Scearce to integrate design thinking into ERM. Learn how innovative, cross-functional approaches address risks that cut across traditional silos.

Feb 9, 2022

Strengthening Enterprise Agility for a Crisis: Lessons Learned

The COVID-19 pandemic presented challenges and necessary changes for all organizations. To support rapid change, many entities adopted agile business practices. A team of experts from McKinsey and the Harvard Business School analyzed the experiences of agile or partially agile companies during the crisis and provide insights around which elements of their operating models proved most useful in practice. To carry forward the lessons learned by agile organizations and to support success in the "new normal," the experts present a three-step guide to fully embracing an operating-model shift to agile practices.

Feb 8, 2022

How to Adapt to Thrive in the New Normal

Shocks like economic recessions and global pandemics can result in long-lasting behavioral changes that impact businesses. The Covid-19 pandemic is the most recent reminder that companies prepared to reassess their opportunities, adapt their business models and reallocate investments amid a crisis are the winners.

Feb 8, 2022

Imagining Unimaginable Risks

Risks take a variety of forms, many of which companies can proactively manage. But novel risks are much more difficult to predict and plan for and they may seem improbable, emerge from a perfect storm of events, or are unprecedentedly massive. In their 2020 Harvard Business Review article, "The Risks You Can't Foresee," authors Robert S. Kaplan, Herman B. "Dutch" Leonard and Annette Mikes define novel risks and then describe how to detect and respond to them to mitigate the risk impact on the business.