Boards, Audit Committees, and ERM Articles Index: | ERM Library | ERM - Enterprise Risk Management Initiative

November 14, 2019

Key Insights from the Fall 2019 ERM Roundtable Summit

At every ERM Roundtable Summit participants discover innovative and practical tips for making their ERM processes better and to refresh their approaches to identifying, assessing, and responding to key risks...

April 2, 2019

JUST RELEASED! 2019 The State of Risk Oversight: An Overview of Enterprise Risk Management Practices - 10th Edition

While most executives perceive that uncertainties in the business environment are leading to more complex risk challenges for their organizations, few executives describe their organization’s approach to risk management...

February 23, 2017

Importance of Key Risk Indicators (KRIs)

Bonnie V. Hancock, Executive Director of the ERM Initiative at NC State University, interviews Richard (“Rich”) G. Muzikar, Director, Enterprise Risk Management at ConEdison, Inc. based in...

December 8, 2016

2017 Top Risks Report: Executive Perspectives on Top Risks for 2017

Research conducted by the ERM Initiative at NC State University in partnership with Protiviti finds that executives across all types and sizes of organizations that span a number of industries...

September 1, 2015

Integrating Sustainability with Enterprise Risk Management

Sustainability policies have a meaningful role in managing risk, and can also promote faster growth. Have you ever heard the saying ‘you have to spend money to make money?’ This...

September 1, 2014

Mitigating Asymmetric Information Risk

Asymmetric Information Risk occurs when there is an imbalance of information possessed by C-suite executives and their boards of directors. Boards are susceptible to information risk given the realities that...

December 31, 2013

Proxies Reveal Enhancements in Board Risk Oversight

On February 28, 2010, the Securities and Exchange Commission (“SEC”) mandated that public companies disclose the role of the Board in risk management. To learn about what boards are disclosing Deloitte has...

July 1, 2013

Analysts Evaluate Behavior of Corporate Leaders in Ratings Process

Credit rating agencies, such as Standard & Poor’s, have become more vocal about their consideration of an entity’s enterprise risk management approach as part of the rating agency’s...

July 1, 2013

Board Oversight Much a Part of ERM Program Success (or Failure)

A number of governance rules and regulations focus attention on the role of the board in an organization’s risk management process. Generally, the board is responsible for understanding and...

April 1, 2013

Framework for Building a More Risk-Aware Enterprise Compliance Structure

Across the universe of enterprise risks, one would be hard-pressed to name a risk category more critical to organizations than compliance risk. Many businesses must face an increasingly complex set...

April 1, 2013

Crowdsourcing, A Tool to Tackle Emerging Strategic Risks

Organizations are turning to “crowdsourcing” as part of their innovation strategy where they leverage the knowledge of “the crowd” to identify emerging trends and opportunities. A recent article in _Harvard...

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...

December 1, 2010

Avoid Being Blindsided by Risks: Focus on Key Assumptions

Strategic risks and opportunities are constantly changing in the business environment, especially in the current volatile economic climate. The roller coaster of uncertainty often results in organizational leaders being blindsided...

January 1, 2010

Where are the Directors?!?

This article describes behavioral problems within boards of directors that can lead to unnecessary risks being taken and CEOs dominating board decisions and involvement. According to this Conference Board Review...

December 8, 2008

Boards of Directors and Risk Management in 2009

There will be many pressures on boards of directors in 2009 given the current economic climate, and several of these pressures revolve around the issue of risk management. This “white-paper” memorandum...

December 1, 2008

Aligning Risk Management and Executive Compensation

Boards of directors are charged with corporate governance tasks that include setting executive compensation and developing the corporation’s strategic agenda in light of its risk tolerance. Using short-term performance...

February 1, 2007

Managing Reputation Risk

Reputation is very important to most organizations, yet many companies do a poor job of managing risks to their reputation. Too often, companies focus their energy on addressing threats to...

November 1, 2003

Benefits of Managed Risks

When companies don’t guard themselves against substantial risks, the outcome can easily produce a damaged reputation. However, risk management should not discourage growth through eliminating risks, but the reverse...

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

Boards, Audit Committees, and ERM Articles 18

Key Insights from the Fall 2019 ERM Roundtable Summit

JUST RELEASED! 2019 The State of Risk Oversight: An Overview of Enterprise Risk Management Practices - 10th Edition

Importance of Key Risk Indicators (KRIs)

2017 Top Risks Report: Executive Perspectives on Top Risks for 2017

Integrating Sustainability with Enterprise Risk Management

Mitigating Asymmetric Information Risk

Proxies Reveal Enhancements in Board Risk Oversight

Analysts Evaluate Behavior of Corporate Leaders in Ratings Process

Board Oversight Much a Part of ERM Program Success (or Failure)

Framework for Building a More Risk-Aware Enterprise Compliance Structure

Crowdsourcing, A Tool to Tackle Emerging Strategic Risks

Allegations of Risk Management Overrides Swirl at JPMorgan Chase

Avoid Being Blindsided by Risks: Focus on Key Assumptions

Where are the Directors?!?

Boards of Directors and Risk Management in 2009

Aligning Risk Management and Executive Compensation

Managing Reputation Risk

Benefits of Managed Risks

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

Boards, Audit Committees, and ERM Articles 18

Key Insights from the Fall 2019 ERM Roundtable Summit

JUST RELEASED! 2019 The State of Risk Oversight: An Overview of Enterprise Risk Management Practices - 10th Edition

Importance of Key Risk Indicators (KRIs)

2017 Top Risks Report: Executive Perspectives on Top Risks for 2017

Integrating Sustainability with Enterprise Risk Management

Mitigating Asymmetric Information Risk

Proxies Reveal Enhancements in Board Risk Oversight

Analysts Evaluate Behavior of Corporate Leaders in Ratings Process

Board Oversight Much a Part of ERM Program Success (or Failure)

Framework for Building a More Risk-Aware Enterprise Compliance Structure

Crowdsourcing, A Tool to Tackle Emerging Strategic Risks

Allegations of Risk Management Overrides Swirl at JPMorgan Chase

Avoid Being Blindsided by Risks: Focus on Key Assumptions

Where are the Directors?!?

Boards of Directors and Risk Management in 2009

Aligning Risk Management and Executive Compensation

Managing Reputation Risk

Benefits of Managed Risks