2012 ERM Articles Index 21-P20 | ERM Library | ERM - Enterprise Risk Management Initiative

August 3, 2012

The Importance of Board Support for Enterprise Risk Management: Part 3

A critical element for the success of any ERM effort is the involvement and "buy-in" of the board of directors. Michael Somich, Executive Director of Internal Audit at Duke University,...

August 1, 2012

How Risk Aversion Can Hurt Your Organization

While we know we must take risks to generate returns, some programs fail to remind managers that ERM is as much about taking risks in pursuit of value as it...

July 27, 2012

Mature Risk Management Drives Financial Performance

In a recent survey, Ernst & Young assessed the maturity level of risk management practices and found a positive relationship between risk management maturity and financial performance. It was revealed that...

July 6, 2012

The Importance of Board Support for Enterprise Risk Management: Part 2

A critical element for the success of any ERM effort is the involvement and "buy-in" of the board of directors. Michael Somich, Executive Director of Internal Audit at Duke University,...

July 1, 2012

Increasing Percentages of Organizations are Embracing Enterprise Risk Management

Recent research conducted by faculty who lead the Enterprise Risk Management (ERM) Initiative at North Carolina State University reports a steady increase in the percentage of organizations that claim to...

July 1, 2012

Managing Third-Party Risk in an Increasingly Collaborative Business Landscape

Businesses today rarely do everything in house. While outsourcing offers a number of unique advantages, those benefits may also expose the organization to a number of new risks. Relying on...

June 4, 2012

The Importance of Board Support for Enterprise Risk Management: Part 1

A critical element for the success of any ERM effort is the involvement and "buy-in" of the board of directors. Michael Somich, Executive Director of Internal Audit at Duke University,...

June 1, 2012

Risk Appetite: A Conversation of Governance

Managers often view risk appetite as a highly theoretical concept: one that is determined instead of discussed, irrelevant instead of practical, or static instead of adaptive. This paradigm is due...

June 1, 2012

Super Bowl Embraced ERM

Imagine being responsible for managing risks related to the NFL Super Bowl. With the millions of viewers drawn to this event each year, one shudders to think about an event...

June 1, 2012

Executives Take on Enterprise Risk Management Post- Recent Crisis

In spring of 2012, a survey of 192 U.S. executives from various industries was conducted by Forbes Insights in association with Deloitte that revealed findings vital to the business world that...

June 1, 2012

Preparing for a Corporate Crisis Before Significant Risks Materialize

A recent article from Practical Law The Journal offers boards guidance on preparing and responding to a corporate crisis. A lack of proper planning can make both managing crisis situations...

June 1, 2012

Categorizing Risks for More Effective Risk Management

Organizations often employ a rules-based model to manage risk; however history suggests that such an approach may not be an effective way to manage all types of risk. This Harvard...

May 17, 2012

Sustainability: Considerations that Can’t be Ignored from a Strategic Perspective

The topic of sustainability means a host of things to people. Many view it from a “going green” or “social responsibility” perspective. While there is value in considering sustainability related...

May 15, 2012

Allegations of Risk Management Overrides Swirl at JPMorgan Chase

The turmoil surrounding recent announcements of over $2 billion in trading losses at JPMorgan Chase is now shining a spotlight on risk management failures at the bank. A front-page story in...

May 1, 2012

Managing Levels of Innovation Risk

The highly competitive landscape and the rapid pace of change means organizations must continually seek to innovate to survive and grow. For many, their rush to get new innovations to...

May 1, 2012

Lack of Senior Manager Support Impairs Risk Management

Here’s a new twist to “risk management”: one of the most damaging risks an organization may face is “management” itself. A recent article in Disaster Recovery Journal highlights the...

May 1, 2012

How to Manage Risks Associated with Organic Growth Strategies

A sound approach to organic growth enables an organization to sustain itself through the toughest circumstances in the business environment. The authors of this Harvard Business Review article believe that...

May 1, 2012

S&P’s Preliminary Changes for Scoring Management and Governance for Credit Rating Purposes

Part of the ratings process that Standard & Poor’s (S&P) undertakes to determine the creditworthiness of a company includes examining the management and governance functions of the organization. Often...

May 1, 2012

Risks Associated with Product Development

With over 50 years of experience in advising companies on product development efforts, the authors of this Harvard Business Review article present six flawed assumptions that bring rise to risks associated...

April 1, 2012

Leading a Risk Team

Despite the attempts by many organizations to strengthen their risk oversight efforts, many organizations’ approach to strengthen their corporate risk management are still missing the mark. Unfortunately, many attack the...

Enterprise Risk Management Initiative, Poole College of Management, North Carolina State University

Providing Thought Leadership, Education and Training on the Subjects of Enterprise Risk Management

What’s New

Getting Started in ERM

ERM & Strategy

Key Components of ERM

ERM Leadership & Risk Governance

Individual Risk Considerations

Evaluating Your ERM Program

Insights from Risk Leaders

ERM Article Summaries & Thought Papers 688

The Importance of Board Support for Enterprise Risk Management: Part 3

How Risk Aversion Can Hurt Your Organization

Mature Risk Management Drives Financial Performance

The Importance of Board Support for Enterprise Risk Management: Part 2

Increasing Percentages of Organizations are Embracing Enterprise Risk Management

Managing Third-Party Risk in an Increasingly Collaborative Business Landscape

The Importance of Board Support for Enterprise Risk Management: Part 1

Risk Appetite: A Conversation of Governance

Super Bowl Embraced ERM

Executives Take on Enterprise Risk Management Post- Recent Crisis

Preparing for a Corporate Crisis Before Significant Risks Materialize

Categorizing Risks for More Effective Risk Management

Sustainability: Considerations that Can’t be Ignored from a Strategic Perspective

Allegations of Risk Management Overrides Swirl at JPMorgan Chase

Managing Levels of Innovation Risk

Lack of Senior Manager Support Impairs Risk Management

How to Manage Risks Associated with Organic Growth Strategies

S&P’s Preliminary Changes for Scoring Management and Governance for Credit Rating Purposes

Risks Associated with Product Development

Leading a Risk Team

Getting Started in ERM

ERM and Strategy

Key Components of ERM

ERM Leadership and Risk Governance

Individual Risk Consideration

Evaluating Your ERM Program

Insights from Risk Leaders

What’s New

Getting Started in ERM

ERM & Strategy

Key Components of ERM

ERM Leadership & Risk Governance

Individual Risk Considerations

Evaluating Your ERM Program

Insights from Risk Leaders

Master of Management, Risk and Analytics Concentration

NC State ERM Fellows

Master of Accounting (MAC) - ERM Concentration

Mark Beasley, Ph.D

Bonnie Hancock, M.S.

Bruce Branson, Ph.D

ERM Article Summaries & Thought Papers 688

The Importance of Board Support for Enterprise Risk Management: Part 3

How Risk Aversion Can Hurt Your Organization

Mature Risk Management Drives Financial Performance

The Importance of Board Support for Enterprise Risk Management: Part 2

Increasing Percentages of Organizations are Embracing Enterprise Risk Management

Managing Third-Party Risk in an Increasingly Collaborative Business Landscape

The Importance of Board Support for Enterprise Risk Management: Part 1

Risk Appetite: A Conversation of Governance

Super Bowl Embraced ERM

Executives Take on Enterprise Risk Management Post- Recent Crisis

Preparing for a Corporate Crisis Before Significant Risks Materialize

Categorizing Risks for More Effective Risk Management

Sustainability: Considerations that Can’t be Ignored from a Strategic Perspective

Allegations of Risk Management Overrides Swirl at JPMorgan Chase

Managing Levels of Innovation Risk

Lack of Senior Manager Support Impairs Risk Management

How to Manage Risks Associated with Organic Growth Strategies

S&P’s Preliminary Changes for Scoring Management and Governance for Credit Rating Purposes

Risks Associated with Product Development

Leading a Risk Team