Getting Started in ERM Articles Page 4 Index:P60 | ERM Library | ERM - Enterprise Risk Management Initiative

February 1, 2010

Global Risks

After the shock to the global financial system in 2008, global risks were brought to the forefront of risk discussions. Surprisingly, the risk landscape has not changed much. What has changed...

June 1, 2009

Risk Preparedness

Risk intelligence is a risk management philosophy focusing on the use of both risk avoidance and risk-taking to create value. While this article deals with risk intelligence, it focuses on...

June 1, 2009

Balancing Enterprise Risk Management and Enterprise Performance Management

Poorly planned and executed risk management capabilities contributed to the collapse, and they are likewise impeding the recovery as companies have shifted from taking too many risks to taking too...

May 31, 2009

Reputation management is critical to organizations and it continues to grow more complicated. Companies in the past could earn reputations as good corporate citizens by making philanthropic contributions without significant...

May 1, 2009

Getting Risk Appetite Right

While the concept of a risk appetite framework is sound and can provide many benefits to organizations, many of these frameworks failed during the current crisis due to design and...

February 1, 2009

Internal Auditors Partnership with Management

Internal auditors in the past have been used to examine how well management is performing and how well the company is operating. Now there is a need for internal auditors...

February 1, 2009

Best-in-Class Enterprise Risk Management

The Aberdeen Group conducted an online survey in January and February 2009 of over 120 enterprises in a diverse set of industries and geographies that are devoting resources to improving their enterprise...

January 1, 2009

Financial Industry Assesses Role of Risk in Credit Crisis

This global survey conducted by KPMG in conjunction with the Economist Intelligence Unit in October 2008 summarizes responses from over 500 world-wide risk management senior officers in the banking industry about the...

January 1, 2009

Companies Succeed During Downturn with ERM

In the four-part series “Managing in a Downturn” produced by The Financial Times, Russell Walker comments on the place for enterprise risk management in the current economic environment. Walker uses...

December 31, 2008

The Convergence of Enterprise Performance Management and Risk Management

Organizations can increase their probability of achieving strategic objectives by taking an integrated approach to deploying strategy and managing associated risks. The Performance/Risk Integration Management Model (PRIM2) provides a...

December 31, 2008

Strategic Business Risk – Top 10 Risks in Business for 2008

Ernst & Young conducted a survey of industry analysts in order to identify the top 10 strategic business risks for 2008. It became clear that there is significant variation in risks between sectors...

November 1, 2008

Enterprise Innovation and Integration

Innovation and integration are important contributors to growth in an organization. In order to foster these activities within the organization, the article recommends developing two agencies: a distributed innovation group ...

October 30, 2008

Diversity of Risk Management in Europe

This report details the key findings in the fourth biennial benchmarking survey conducted by the Federation of European Risk Management Association (FERMA) in collaboration with AXA Corporate Solutions and Ernst &...

October 1, 2008

C-suite Influence on Excellence in Risk Management

This abstract summarizes the 2008 Excellence in Risk Management Survey conducted by the Risk and Insurance Management Society (RIMS) and Marsh. This is the fifth year that they have conducted an...

September 30, 2008

The Changing Role of the Finance Organization

Today’s focus on the rapid embrace of globalization initiatives has substantially increased the complexity and pace of change that risk executives face. Dealing with the volume and complexities of...

September 1, 2008

Better Enterprise Risk Management May Prevent Future Crisis

The Economist Intelligence Unit, in conjunction with SAS Inc., conducted a world-wide on-line survey of 316 senior executives from the financial service industry, complimented by interviews with industry experts. Their study...

September 1, 2008

Managing Risks for Comparative Advantage: Five Steps to Better Risk Management

This articles highlights a five-step process to help companies make changes to better their approach to risk management in response to the developments occurring in the corporate approach to risk...

December 31, 2007

Emerging Expectations for Alignment of Internal Audit and Risk Oversight

This report summarizes survey responses received by PricewaterhouseCoopers from chief audit executives of Fortune 250 companies about trends affecting internal auditors by 2012, particularly related to internal audit’s role in risk...

December 31, 2007

The Evolution of Risk and Controls: Seeking Value Creation

KPMG partnered with the Economist Intelligence Unit to report on the evolution of risk and controls functions within organizations. This report contains findings of how companies are re-defining the roles...

December 1, 2007

Reputation Risk Management

A 2008 survey investigated the status of reputation risk management at different companies and found that companies are aware of reputation risks but may not be sufficiently managing these risks. There...

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

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