Risk Management Decision Making Articles Index: | ERM Library | ERM - Enterprise Risk Management Initiative

February 23, 2022

New Case Study: Using Scenario Planning to Consider Emerging Risks

Looking for how organizations use scenario planning to address risks and capitalize on opportunities? Recent events have highlighted the importance of planning for an uncertain future. The ERM Initiative...

August 31, 2021

Discussion about the Importance of Integrating ERM and Strategy

The value proposition for ERM goes up exponentially the more executives integrate their discussions of risks in the context of the strategy of the business. Too often ERM programs...

March 23, 2021

Engaging Enterprise Resiliency Teams

An Interview with Kate Kraycirik, Director of ERM at The University of Texas MD Anderson Cancer Center

November 13, 2020

Value of ERM: Board Risk Oversight Associated with Lower Taxes

Using annual proxy disclosures regarding the level of board involvement in risk oversight, faculty from NC State University (Mark Beasley, Nathan Goldman, and Christina Lewellen) and Northern Arizona...

January 24, 2020

Preparing for an Uncertain Future: Scenario Planning and War-Gaming

A Risk Intelligent Enterprise puts an organization in the best position to plan for and manage risks, take advantage of opportunities and be flexible enough to respond as the environment...

January 24, 2020

Preventing Metrics from Replacing Your Strategy

To combat the abstract nature of organizational strategy, performance metrics are often employed to evaluate effectiveness. This can lead to employees mentally emphasizing the need to meet performance metrics, rather...

October 9, 2017

Identifying and Evaluating Emerging Risks

Bonnie Hancock, Executive Director of the ERM Initiative at NC State University interviews Fred Stuckel, Vice President, Enterprise Risk Management and Audit at Express Scripts about how his organization identifies...

July 10, 2017

Managing Environmental, Social, and Governance (“ESG”) Risks

Mark Beasley, Deloitte Professor of ERM at NC State University, interviews Steve Dreyer, Head of Investor Communications – Americas, S&P Global Ratings, about emerging attention being placed on...

January 4, 2017

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...

May 2, 2016

A Manager’s Framework To Behavioral Strategy

Understanding how employees and consumers make decisions on a daily basis can significantly improve a manager’s chances of achieving critical business objectives. However, in attempting to apply key learnings...

April 18, 2016

Social Class Origins Impact Executive Risk Taking

Social class and childhood upbringing can have a significant impact on an individual’s ambitions, perspectives, and decisions. However, little research has been conducted to make a connection on how...

August 1, 2011

Avoiding Confirmation Bias in Decision Making

Executives today are becoming even more aware of the biases within their own mind that can prevent them from making the correct decisions. One of these major biases is confirmation...

October 27, 2008

Embedding ERM: 2008 Global Insurance Sector Survey Results

More than 350 Chief Financial Officers, Chief Actuaries and Chief Risk Officers responded to a global ERM survey of the insurance industry which found that European insurers are more advanced in...

October 1, 2008

Outsourcing and Offshoring Decisions - Taking a Risk Intelligent Approach

When initiating the use of outsourcing and offshoring, companies should take a Risk Intelligent approach. In doing so, companies can better mitigate risks that develop from outsourcing and offshoring and...

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...

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...

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

ERM Informing Decision Making Articles 16

New Case Study: Using Scenario Planning to Consider Emerging Risks

Discussion about the Importance of Integrating ERM and Strategy

Engaging Enterprise Resiliency Teams

Value of ERM: Board Risk Oversight Associated with Lower Taxes

Preparing for an Uncertain Future: Scenario Planning and War-Gaming

Preventing Metrics from Replacing Your Strategy

Identifying and Evaluating Emerging Risks

Managing Environmental, Social, and Governance (“ESG”) Risks

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

A Manager’s Framework To Behavioral Strategy

Social Class Origins Impact Executive Risk Taking

Avoiding Confirmation Bias in Decision Making

Embedding ERM: 2008 Global Insurance Sector Survey Results

Outsourcing and Offshoring Decisions - Taking a Risk Intelligent Approach

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

Outsourcing Decisions: Taking an ERM Approach

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

ERM Informing Decision Making Articles 16

New Case Study: Using Scenario Planning to Consider Emerging Risks

Discussion about the Importance of Integrating ERM and Strategy

Engaging Enterprise Resiliency Teams

Value of ERM: Board Risk Oversight Associated with Lower Taxes

Preparing for an Uncertain Future: Scenario Planning and War-Gaming

Preventing Metrics from Replacing Your Strategy

Identifying and Evaluating Emerging Risks

Managing Environmental, Social, and Governance (“ESG”) Risks

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

A Manager’s Framework To Behavioral Strategy

Social Class Origins Impact Executive Risk Taking

Avoiding Confirmation Bias in Decision Making

Embedding ERM: 2008 Global Insurance Sector Survey Results

Outsourcing and Offshoring Decisions - Taking a Risk Intelligent Approach

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

Outsourcing Decisions: Taking an ERM Approach