Education of ERM Concepts at the Collegiate and Corporate Levels

Laurie Brooks, retired Chief Risk Officer at Public Services Enterprises Group and current board of director at Provident Financial Services, shares her views about the long-term viability of ERM and how ERM is an expected core competency skill of executives.  She argues that should simply be seen as a good management practice and looking at risks from an enterprise-wide view should be seen as the normal thing to do, not a specialized thing to do. She also tells about how to tell the maturity of ERM at a company by how risks are assigned and overseen.