ERM Fundamentals

Apr 1, 2020

2020 The State of Risk Oversight: An Overview of Enterprise Risk Management Practices

2020 The State of Risk Oversight: An Overview of Enterprise Risk Management Practices

Mar 20, 2020

Using ERM Principles To Help Navigate Risks Triggered by COVID-19

Mark Beasley outlines how key concepts from ERM might provide a framework for organizing how we prioritize and respond to the most critical risks triggered by COVID-19.

Feb 18, 2020

Advanced Risk Scoring Techniques

Jennifer MacKethan of Cisco Capital discusses advanced risk scoring techniques that Cisco Capital employs in their risk assessment exercises.

Feb 17, 2020

Re-energizing the ERM Process

Linda Milburn-Pyle shares her approach to refreshing the ERM process at Advance Auto Parts, emphasizing practical strategies, senior executive input, and future priorities like automation and data analytics.

Feb 11, 2020

Effective ERM Can Promote Stakeholder Balance

This article provides an overview of the Business Roundtable (BRT) Statement on the Purpose of the Corporation.

Feb 4, 2020

Integrating ERM, Compliance, and Audit to Provide a Comprehensive View

Rick Moyer, CRO at Stanford University, provides insights on to help others better integrate ERM, compliance and internal audit.

Jan 24, 2020

Categorical Thinking

Categorical thinking is the old-school thinking style and change is necessary in order to succeed in the modern day economy. This article from Harvard Business Review provides an in-depth analysis of the four most important dangers created by categorical thinking through a series of real-world examples and studies. The authors proposed a simple four-step process to combat those dangers and best prepare business leaders for the next wave of the data revolution.

Jan 24, 2020

Preparing for an Uncertain Future: Scenario Planning and War-Gaming

A Risk Intelligent Enterprise puts an organization in the best position to plan for and manage risks, take advantage of opportunities and be flexible enough to respond as the environment changes and risks arise in the future. In doing so, an organization can engage in various strategic initiatives and risk management efforts to identify and mitigate the impact of uncertain futures. This article published by Deloitte, outlines two tools to help companies think outside the box and perform a what-if analysis to gain a wider view of future events that could impact an organization's ability to achieve its strategic objectives.

Jan 9, 2020

The Art & Science of Key Risk Indicators: A Case Study Analysis

Many organizations struggle to develop Key Risk Indicators (KRIs) that will provideearly warnings that risks may be more likely to materialize. This case study looks at 5 different organizations that have put KRIs in place and delves into the timing and rationale behind KRI implementation as well as the methods used to develop KRIs and the ongoing risk reporting and monitoring.

Dec 12, 2019

Top Risks Report 2020: Executive Perspectives on Top Risks for 2020

The NC State ERM Initiative and global consulting firm Protiviti release the 8th annual Executive Perspectives on Top Risks Report, highlights top risk concerns on the minds of executives for 2020.