Risk Assessment

Nov 1, 2011

The ERM Process at Xerium Technologies Part 1

Learn how Xerium Technologies used ERM to shift from reactive firefighting to proactive risk management, navigating bankruptcy and fostering strategic resilience. Valuable lessons for ERM implementation await!

Nov 1, 2011

The ERM Process at Xerium Technologies Part 2

Bonnie Hancock interviews Fred Caloggero on Xerium’s ERM process, highlighting risk velocity, KPIs, and KRIs for proactive and strategic risk management.

Aug 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 bias, which is the phenomenon in which people throw away any evidence as irrelevant if it contradicts their initial notion of the situation. Increased awareness of the decision making process can help executives better evaluate situations when coming to a major decision. Confirmation bias is likely to be present in any risk identification and risk assessment task as new information comes to light that might contradict our preconceived notions about a risk event. This thought paper explores twelve questions to think through before jumping into the deep end and making a major decision with an unfounded assumption as its base.

Aug 1, 2011

The CFOs Relationship with the Audit Committee for Effective Risk Management

Learn five key practices for strengthening the CFO-audit committee relationship, emphasizing their critical role in risk oversight, financial governance, and strategic alignment for effective corporate governance.

Aug 1, 2011

Risk Identification through “Rooted Maps”

Discover how rooted maps enhance risk identification by visualizing global risks from specific perspectives. Learn how geographic, cultural, and policy differences shape business strategies and improve executive decision-making.

Jun 1, 2011

Assessing ERM Programs

Norman Marks emphasizes internal audit's role in assessing ERM effectiveness for boards, providing questions and tools to evaluate risk management maturity and competence in Internal Auditor’s June 2011 cover story.

Apr 26, 2011

Finding the Right Chief Risk Officer

Learn key factors for evaluating and selecting a Chief Risk Officer, from experience and critical thinking to interpersonal skills and organizational alignment. Essential guidance for boards and management teams.

Apr 1, 2011

Why Learning from Success Can be Challenging

Learn why understanding success is as important as learning from failure. Explore five key strategies to overcome biases and generate continued success by examining past achievements with the same scrutiny as failures.

Mar 1, 2011

Raising Awareness of Cybersecurity Risks

Learn how senior executives and boards can enhance cybersecurity risk oversight with practical strategies from Sidley Austin LLP. Discover recommendations for managing, monitoring, and mitigating cyber threats in today's evolving risk landscape.

Feb 9, 2011

Webinar Featuring Insights from Two COSO Risk Oversight Reports

Learn about key findings from two recent surveys on enterprise risk management, featuring experts from COSO, NC State, and Protiviti.