ERM Initiative Staff

Jan 11, 2011

Developing Key Risk Indicators to Strengthen Enterprise Risk Management

Stay ahead of shifting risks with COSO's guide to key risk indicators (KRIs). Learn how KRIs boost strategic alignment, risk awareness, and ERM effectiveness for better 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.

Jan 3, 2011

Enterprise Risk Management in Higher Education

Explore how universities can strengthen risk oversight to address challenges from economic volatility, shifting strategies, and emerging risks in higher education governance.

Jan 3, 2011

Impact of Risk Management Failures on the Financial Crisis

A report released by The Financial Crisis Inquiry Commission presents findings and conclusions related to the causes of the 2008-2010 financial and economic crisis in the United States. Failures of corporate governance and risk management at many systemically important financial institutions are among key causes of the crisis, as concluded by the Commission.

Jan 1, 2011

Assessing and Managing Risks Related to Intangible Assets

Given that intangible assets correspond to roughly 80 percent of the value of today's corporations, it is essential that companies improve risk governance practices concerning intangible assets to mitigate against the related risks. In an article from Corporate Finance Review, the authors discuss the evolution of ERM and recommend changes to the management of intangible assets as a way of enhancing enterprise value. In addition, key elements of an ideal oversight system are reviewed.

Jan 1, 2011

Shareholders Push Boards to Manage Social and Environmental Risks

Shareholder demands for better management of social and environmental risks are rising. Learn how boards can enhance ESG governance and align with evolving investor expectations and regulatory changes.

Dec 30, 2010

Climate Change and Sustainability Risks

Discover how climate change and sustainability shape enterprise risks, including strategic, financial, and reputational impacts. Learn key strategies to address these emerging challenges effectively.

Dec 21, 2010

2010 Report on ERM

Discover the state of enterprise-wide risk oversight in organizations based on a survey of 460 senior executives. The report uncovers the immaturity of ERM processes, dissatisfaction with risk reporting, and the influence of COSO's ERM framework. Explore key findings and insights into improving risk management practices.

Dec 21, 2010

Board Risk Oversight – A Progress Report

Discover insights from COSO and Protiviti's survey on board risk oversight, revealing gaps in maturity and strategies for aligning risk management with organizational goals and improving reporting.

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.