February 1, 2007
Forrester recently published an article by Michael Rasmussen titled, Business Drivers for Enterprise Risk Management, detailing why companies struggle with implementing and managing a successful enterprise risk management (ERM) program. Groups such as the Open Compliance and Ethics Group and the Professional Risk Managers’ International Association have been established to provide help.
November 1, 2006
Informatica released a white paper in November 2006 to summarize data quality problems faced by financial institutions trying to maintain compliance. Large corporations have an especially hard time integrating different areas of the business to establish clean reports that are useful. Additionally, the ever-changing nature of the data make the job of maintaining quality reports more challenging.
June 6, 2006
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
Internal auditors need to be actively involved in the ERM process at organizations. Seven valid or legitimate ERM-related responsibilities internal auditors can have are discussed.
December 31, 2004
This study provides data obtained from surveys of nearly 1400 chief executive officers (CEOs) about risk trends and related expectations for effective ERM practices. With CEOs note that they are…
December 31, 2004
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…
November 1, 2003
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 should take place and positive risks should be implemented. Therefore, effectively managing the many risks faced by an organization is critical to its success.
May 19, 2003
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…
Risk Management & Boards Articles
Enterprise Risk Management Library:
- Enterprise Risk Management Basics
- Risk Management Fundamentals
- Risk Management Leadership
- Risk Management Benchmarking
- Risk Management Trends