ERM Fundamentals

Oct 1, 2004

Best Practices in Enabling ERM

Discover best practices for enabling ERM with insights on strategy alignment, overcoming barriers, and leveraging technology to transition from siloed to holistic risk management.

Oct 1, 2004

The Orange Book: Management of Risk – Principles and Concepts

The original Orange Book was published by the British government in 2001 to promote more robust risk management practices in government sectors. Since 2001, organizations have begun to now have basic risk management processes in place. The risk management challenge is no longer in the initial identification and analysis of risk and the development of the risk management process. Rather, the challenge today is in the ongoing review and improvement of risk management. Thus, the British government issued this 2004 revision of The Orange Book to include more advanced guidance, such as the importance of “horizon scanning” (a systematic activity designed to identify indicators of changes in risk). This document also examines how the organization’s risk management activities relate to the wider environment in which it functions.

Sep 1, 2004

The Australian/New Zealand Risk Standard

Discover the legacy of AS/NZS 4360:2004, a pivotal risk management standard offering systematic approaches to identify, assess, and treat risks, laying the groundwork for modern practices like ISO 31000.

Sep 1, 2004

COSO’s “Enterprise Risk Management – Integrated Framework”

Discover the core principles of COSO's 2004 ERM Framework, a foundational guide for aligning risk management with strategy and organizational performance.

Jul 1, 2004

Outsourcing Decisions: Taking an ERM Approach

Outsourcing business processes like IT and supply chain functions offers cost savings but introduces significant risks across strategy, operations, and reputation. Discover how ERM helps manage these risks holistically for sustainable decisions.

Feb 26, 2004

ERM Lessons, Trends, and Laws

Explore how organizations implement ERM frameworks, address strategic risks, and navigate global legal influences to strengthen strategy execution and risk management practices.

Dec 31, 2003

Using Technology to Support ERM: A Case Study

Companies face added complexity to overall risks threatening an enterprise. Management needs a risk management program that is complete and proactive toward risk. This article highlights steps that Zions Bancorporation took to develop an application to facilitate risk management.

Oct 31, 2003

Developing a Corporate Program for Risk Management

Corporate risk management is evolving to address uncertainties at environmental, industry, and firm-specific levels. Learn how ERM balances risk and payoff, integrates best practices, and enhances decision-making across organizations.

May 1, 2003

Casualty Actuarial Society’s Overview of Enterprise Risk Management

"This document is intended primarily to further the risk management education of candidates for membership in the Casualty Actuarial Society (CAS). Current members of the CAS as well as other risk management professional should also find this material of interest."

Apr 1, 2003

ERM Infrastructure and Risk Intelligent Systems

Enterprise risk management (ERM) is the key to resolving some of the demands for more corporate transparency from investors. ERM is a process that changes how an organization identifies risks and manages those risks continuously. It helps to develop the steps and allocate resources to mitigate the organization's risks and provides reasonable assurance about the organization's ability to achieve its objectives.