May 1, 2007 Deloitte’s Risk Management Survey Deloitte recently published a fifth risk management survey titled, Global Risk Management Survey: Accelerating Risk Management Practices, that provides feedback from 130 global financial institutions about the status of ERM implementations. ...
March 31, 2007 ERM at the Federal Reserve Bank of Richmond This is an examination of an implementation of an ERM discipline in one of the Federal Reserve Banks. It demonstrates a possible model where financial performance targets are not the...
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...
December 31, 2006 How Managing Political Risk Improves Global Business Performance A study was completed by PricewaterhouseCoopers Advisory and Eurasia Group dealing with political risk and how it affects multinational companies. The results of the study showed that multinational companies are...
June 1, 2006 Insurers Discover ERM Isn’t Just for Banks Anymore The Conference Board issued a July 2006 research report, “The Role of U.S. Corporate Boards in Enterprise Risk Management,” that provides insights about board of director perspectives on their role...
April 1, 2006 ERM and Information Technology Internal auditors are faced with new challenges as the importance of understanding information technology (IT) and its impact on risk management becomes even more critical. Internal auditors can provide value...
September 1, 2005 CROs (Chief Risk Officer) Challenged by IT Risks The white paper focuses on the increasing dependency companies have on IT processes and the new challenges placed on CROs. Senior executives at various industries were asked to provide insight...
July 1, 2005 ERM – UnitedHealth Group UnitedHealth Group has implemented ERM within the organization to help identify risks and alleviate negative exposures while profiting from positive opportunities. ERM implementation at UnitedHealth Group evolved out of their...
June 10, 2005 Managing Global Supply Chain Risk through Disruption Management Robert Handfield, Professor of Supply Chain Management and Director of the Supply Chain Research Consortium at the NC State College of Management, spoke at the June 10, 2005 ERM Roundtable about managing...
March 18, 2005 Managing Manufacturing and Supply Chain Risks in Global Automotive Operations Debra Elkins, from General Motors R&D Center, spoke about operational risk management at the March 18, 2005 ERM Roundtable.
December 31, 2004 Internal Audit’s Role: Fraud and Reputation Risks Now there is more pressure than ever on executive management and internal auditors to mitigate corporate fraud and misconduct. Even though senior management most likely has direct antifraud responsibility, internal...
December 31, 2004 Tax Risk Management: The Evolving Role of Tax Directors In 2004, Ernst & Young administered a survey with findings that offer insight to tax directors and executives to help them better comprehend the changing scope of the tax function, the rise...
October 1, 2004 The Orange Book: Management of Risk – Principles and Concepts The original Orange Book was published by the British government in 2001 to promote more robust risk management practices in government sectors. Since 2001, organizations have begun to now have basic risk...
September 17, 2004 Emerging Trends in ERM: A Sneak Preview of COSO’s ERM Integrated Framework Miles Everson, project leader of the Committee of Sponsoring Organizations of the Treadway Commission’s (COSO’s) ERM Integrated Framework Project and partner with PricewaterhouseCoopers, LLP, New York City, provided...
July 1, 2004 Outsourcing Decisions: Taking an ERM Approach Before outsourcing a business process or function, it is essential to assess the associated risks from an enterprise-wide risk management perspective. Poorly managed outsourcing decisions may ultimately increase, rather than...
December 31, 2003 Using Technology to Support ERM: A Case Study Companies face added complexity to overall risks threatening an enterprise. Management needs a risk management program that is complete and proactive toward risk. This article highlights steps that Zions Bancorporation...
December 1, 2003 Impact of IT Risks on ERM Many technological risks face modern organizations of all types and have become necessary considerations for general auditors. These risks can be placed into the five categories of access control, network...
May 19, 2003 Risk Gaps-Demand for ERM Enterprise Risk Management programs can help close the huge gap in communication among executives and business unit leaders. Senior management and the board of directors’ involvement with risk assessment plays...
October 1, 2000 Business Risk Management in Government While risk management is well-established in the private sector, no generic risk management approaches are available for government entities. Due to potential pitfalls that exist in government practices, it is...