ERM Fundamentals

Apr 1, 2011

Homeland Security Risk Management Fundamentals

The Department of Homeland Security (DHS) plays a critical role in leading a unified effort in the management of the diverse and complex set of risks facing the United States. To strengthen capabilities in fulfilling its mission, DHS has created a Risk Management Fundamentals to provide a structured approach for the distribution and use of risk information and analysis efforts across the Department. The publication lists key principles, discusses approaches, and explains the process of effective risk management intended for DHS organizations and personnel to adopt.

Jan 11, 2011

Embracing Enterprise Risk Management: Practical Approaches for Getting Started

COSO’s thought paper by DePaul University experts explores the value of ERM, addressing challenges in implementation and highlighting strategies for overcoming barriers to foster risk-informed decision-making.

Jan 3, 2011

Increasing Complexity Creates Challenges for Risk Management

Managing complexity is quickly becoming one of the greatest challenges for large organizations today. A white paper published by KPMG presents findings related to a study of the causes and impact of complexity affecting large companies. The pace of change and global interconnections in business have resulted in increasing complexity, creating significant risk management challenges for companies. Increased risks to manage emerged as one of the greatest challenges created by complexity, according to the study.

Dec 21, 2010

Case Study Illustrations of Launching ERM

The AICPA's Business, Industry & Government Team commissioned faculty in the ERM Initiative to develop case study illustrations of how organizations have successfully launched ERM. Case Studies on ERM Implementations: Practical Illustrations for Launching Effective Enterprise Risk Oversight takes readers directly into the experience of a company as it is starting ERM and details each step of initiating and implementing enterprise-wide risk oversight. The central case study highlights several practical illustrations for jump-starting ERM. The guide also includes two shorter case studies to further enhance your understanding of ERM implementation.

Sep 1, 2010

Global ERM Ahead of the Curve

This survey by AICPA, CIMA, and NC State ERM Initiative examines risk oversight maturity in U.S. and global organizations, noting gaps in leadership, training, and ERM processes while emphasizing the growing need for improved risk management.

Sep 1, 2010

Risk Management Practices that are Working for Public and Private Sectors

The Department of Homeland Security Office of Risk Management and Analysis conducted a survey to see what actions are being taken by both public and private sector organizations with respect to their enterprise risk management efforts. They found that there is a focus on integrating risk management and analysis across organizations, finding how risk management is aligned within the organizational structure, and which risk analysis techniques are seen as successful from the participants. Some of the major contrasts between the public and private sector participants are highlighted as well.

Jul 1, 2010

Managing Uncertainty: Ten Considerations

Learn Deloitte’s ten critical skills to enhance risk intelligence and move beyond compliance-focused risk management to create competitive advantages and sustainable growth.

Jun 1, 2010

Nine Hallmarks of Successful ERM

As organizations seek to strengthen their risk oversight, they are interested in learning from others about effective practices that ensure risk oversight provides strategic value. The Aon Global Risk Consulting report explored how ERM is being used, the extent to which it has been implemented and its effect on organizational goals. It provides an overview of nine distinguishing characteristics of successful ERM approaches. This report expands on the detailed results from the survey, including the point that ERM has continued to evolve as an accepted and required process to create value.

Feb 19, 2010

Launching ERM: Lessons from Highwoods Properties

Jeff Miller of Highwoods Properties shared insights on building a risk-aware culture, leveraging both top-down and grassroots approaches, and embedding ERM into strategic decision-making processes.

Feb 1, 2010

Enterprise Risk Management: Is it Relevant to Government?

Discover how ERM helps government agencies manage risks to organizational goals, with strategies for prioritizing and addressing mission-critical challenges effectively.