About ERM Purpose and Mission

About the Enterprise Risk Management Initiative

Business professionals are well aware that expectations are growing rapidly for boards of directors, audit committees, and senior executives to design and implement effective enterprise risk management systems to protect and enhance an entity’s value. They are looking for new tools and methods that will help them manage risk more effectively across the enterprise – and to remain competitive. The ERM Initiative was created to meet this growing need.

ERM Initiative: Purpose, Mission, Vision and Objectives


The NC State ERM Initiative is pioneering the development of this emergent discipline through outreach to business professionals, with our ongoing ERM Roundtable Series; research, advancing knowledge and understanding of ERM issues; and undergraduate and graduate business education for the next generation of business executives.


To be a national and international thought leader in enterprise risk management (ERM) and in the implementation of ERM in strategy development and corporate governance.


To be internationally recognized as an ERM thought leader.


The ERM Initiative will continue to provide further information for the academic and business communities on enterprise risk through:

  1. ERM Roundtables
  2. Internet Resources
  3. Graduate and Undergraduate Curriculum
  4. Research on Enterprise Risk Management
  5. Response to Issues Affecting Public Policy
  6. Hands-on Consulting and Speaking Opportunities