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

Risk Management Culture Articles

  • Forget the Gym: Resolve to Make Your ERM Program Stronger!

    This time of year we focus on those things we’d like to improve in the coming year, and personal fitness and diet goals are frequently at the top of the…

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  • A Strengthened Risk Culture for a Stronger Future

    In order to maximize the benefits of the dialogue that occurs at the corporate director level, the board should be comprised of diverse and knowledgeable directors who are not afraid…

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  • Board Governance: Expectations and Best Practices Mismatch?

    In recent years, banks and other organizations have been reevaluating how they look at risk in order to better prepare for an uncertain future. This article highlights PwC’s recently released…

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  • HIGHLIGHTS from the Fall 2015 ERM ROUNDTABLE SUMMIT on Friday, November 13, 2015

    NC State’s ERM Initiative held its fall 2015 ERM Roundtable Summit last Friday November 13th to a sellout crowd of 180 participants. The Summit brought together four speakers from organizations with relatively mature ERM programs.

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  • Addressing Bribery and Corruption Risk

    As globalization continues apace, companies continue to face escalating risk from bribery and corruption threats. To manage this risk, companies must become more knowledgeable of third parties and proactively enforce…

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  • ERM Needs a Strategic Risk Leader

    The baton is often passed among different individuals as organizations try to assign leadership to the organization’s risk oversight process. For organizations that merely see risk management as a compliance…

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  • Strengthening Your Organization’s Risk Culture

    Culture is king! Risk taking is an everyday part of how organizations operate. But risks that could be potentially detrimental to an organization’s long-term success can be minimized by embracing…

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  • The Necessity of Rapid Response for Resilience

    Resilient organizations always seem to find a way through tough and trying business situations. How exactly do these companies manage it? A recent article in CGMA summarizes case-based research highlighted…

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  • Risk Culture’s Critical Role in ERM

    Enterprise risk management is a matter of business process, but it is important to remember the part that people play in implementing ERM. An organization’s “risk culture,” the way an…

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  • Confronting Risk Culture at the Board Level

    Tackling risk culture head-on – that is, the collective way in which personnel within an organization think about, communicate about, and behave in relation to risk – may be one…

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  • Culture of Candor

    Performance of leaders is increasingly being measured based on the extent to which they create economically, ethically, and socially sustainable organizations. Increased transparency is an important step for leaders making…

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  • Role of Culture and Judgment in ERM

    David Fox, the Director of Risk Management at KBR, Inc., based in Houston, Texas, spoke at the April 24, 2009 ERM Roundtable about the rollout of ERM at KBR and its evolving role in the company. He emphasized the importance of culture and the need for communication and judgment for risk oversight to be effective and sustainable.

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  • Risk Culture of Companies

    Risk culture is an area of risk management that has become a recent focus for many boards. Risk culture is the system of values and behaviors present in an organization…

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