Risk Management Tools and Techniques Articles Page 2 Index:P20 | ERM Library | ERM - Enterprise Risk Management Initiative

January 10, 2013

Q & A: Controlling Spreadsheet Risk

Spreadsheets are widely used in today’s business environment, and rightly so – they provide users with a powerful, flexible solution for getting things done. However, there is a difficult truth...

October 1, 2012

Applying “Big Data” to Risk Management

“Big data” is quickly building a following as a useful tool for helping managers make decisions. But what exactly is big data, and is its use actually beneficial to a...

October 1, 2012

Four Steps to Better Statistical Performance Measures

Managers hinder their performance insight by focusing on sexy performance metrics that may be persistent but not predictive, and vice versa. These popular key performance indicators (e.g., EPS growth)...

September 15, 2012

Managing Supply Chain Risks for Conflict Minerals

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 places new regulations on companies reporting to the SEC. In particular, Section 1502 of the Dodd-Frank Act concerns the use of...

July 27, 2012

Mature Risk Management Drives Financial Performance

In a recent survey, Ernst & Young assessed the maturity level of risk management practices and found a positive relationship between risk management maturity and financial performance. It was revealed that...

June 1, 2012

Executives Take on Enterprise Risk Management Post- Recent Crisis

In spring of 2012, a survey of 192 U.S. executives from various industries was conducted by Forbes Insights in association with Deloitte that revealed findings vital to the business world that...

May 1, 2012

Managing Levels of Innovation Risk

The highly competitive landscape and the rapid pace of change means organizations must continually seek to innovate to survive and grow. For many, their rush to get new innovations to...

March 1, 2012

Aligning ERM Software with an Established ERM Process

More and more organizations are taking the initial steps to implementing an enterprise risk management process. Unfortunately, many think one of the first steps to take is to implement a...

February 1, 2012

Understanding and Communicating Risk Appetite

Risk appetite, as defined by COSO, is the “amount of risk, on a broad level, an organization is willing to accept in pursuit of value.” While the overall concept of...

February 1, 2012

The LEGO Group’s Four Elements of Risk Management

Integrating risk management with strategy development and execution is one way that organizations can manage their strategic risks in a volatile business environment. One company that has done so is...

November 2, 2011

Interviewing as a Technique for Risk Identification

Director of the ERM Initiative at NC State, Dr. Mark Beasley, speaks with David Hughes, Assistant VP of ERM and Business Continuity Planning at Hospital Corporation of America, about the...

November 1, 2011

Proactively Managing External Relationship Risk

The focus on managing third-party risk is becoming prevalent in the current business environment as more organizations turn to external providers to gain access to needed services, reduce costs, or...

August 1, 2011

Risk Identification through “Rooted Maps”

This article published by the McKinsey Quarterly introduces “rooted maps” to help executives adjust their thinking in regards to developing global strategies. These maps, which depict the world from a...

December 1, 2010

Five Secrets to Achieve Effective Risk Management

A whitepaper published by Protiviti introduces five secrets to help organizations build risk management as an effective and strategic contributor to the success of their business. With the deployment of...

December 1, 2010

Avoid Being Blindsided by Risks: Focus on Key Assumptions

Strategic risks and opportunities are constantly changing in the business environment, especially in the current volatile economic climate. The roller coaster of uncertainty often results in organizational leaders being blindsided...

October 1, 2010

Evaluating Impact of Compensation Plans

The current economic climate is an opportune time for employers to determine if compensation practices are properly aligned with market practices and the organization’s business strategy. A six-step process...

July 1, 2010

Reducing Risk Detection and Reaction Time

The recent credit crunch and economic downturns have caused businesses across the globe to face new, diverse risk-related challenges. Many companies are slow to detect and react to these risks...

June 1, 2010

Global Risk Technology Survey

Aon Analytics collected data in 2009 on the perspectives of risk professionals from leading organizations around the world to provide its first edition of the Global Risk Technology Survey. This report...

December 1, 2009

Six Sigma and Risk Assessments

Textron Inc. is similar to many large companies today who look to their audit services group to provide risk assessment and assurance over a broad range of risks. However, Textron...

December 1, 2009

Enterprise Risk Management: Meeting Today’s Challenges

Changes in technology, globalization, and the nature of business transactions create challenges for organizations to assess and manage risks that may affect the accomplishment of business objectives. In order to...

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

Risk Management Tools and Techniques Articles 73

Q & A: Controlling Spreadsheet Risk

Applying “Big Data” to Risk Management

Four Steps to Better Statistical Performance Measures

Managing Supply Chain Risks for Conflict Minerals

Mature Risk Management Drives Financial Performance

Executives Take on Enterprise Risk Management Post- Recent Crisis

Managing Levels of Innovation Risk

Aligning ERM Software with an Established ERM Process

Understanding and Communicating Risk Appetite

The LEGO Group’s Four Elements of Risk Management

Interviewing as a Technique for Risk Identification

Proactively Managing External Relationship Risk

Risk Identification through “Rooted Maps”

Five Secrets to Achieve Effective Risk Management

Avoid Being Blindsided by Risks: Focus on Key Assumptions

Evaluating Impact of Compensation Plans

Reducing Risk Detection and Reaction Time

Global Risk Technology Survey

Six Sigma and Risk Assessments

Enterprise Risk Management: Meeting Today’s Challenges

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

Risk Management Tools and Techniques Articles 73

Q & A: Controlling Spreadsheet Risk

Applying “Big Data” to Risk Management

Four Steps to Better Statistical Performance Measures

Managing Supply Chain Risks for Conflict Minerals

Mature Risk Management Drives Financial Performance

Executives Take on Enterprise Risk Management Post- Recent Crisis

Managing Levels of Innovation Risk

Aligning ERM Software with an Established ERM Process

Understanding and Communicating Risk Appetite

The LEGO Group’s Four Elements of Risk Management

Interviewing as a Technique for Risk Identification

Proactively Managing External Relationship Risk

Risk Identification through “Rooted Maps”

Five Secrets to Achieve Effective Risk Management

Avoid Being Blindsided by Risks: Focus on Key Assumptions

Evaluating Impact of Compensation Plans

Reducing Risk Detection and Reaction Time

Global Risk Technology Survey

Six Sigma and Risk Assessments

Enterprise Risk Management: Meeting Today’s Challenges