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ERM Initiative Staff

Jan 1, 2007

Sustainability—Beyond Enterprise Risk Management

AON’s sustainability platform broadens ERM to include social, environmental, and economic factors. Learn how this approach helps businesses manage risks like climate change and boost profitability, brand reputation, and operational efficiency.

Dec 31, 2006

How Managing Political Risk Improves Global Business Performance

Learn how international companies can mitigate political risks with a systematic approach. PwC and Eurasia Group highlight principles for managing geopolitical risks to protect investments and optimize decision-making.

Nov 1, 2006

A Changing Risk Landscape – A Study of Corporate ERM in the U.S.

The 2006 survey by Towers Perrin and Monitor Group of 75 senior finance executives from large publicly traded US companies highlights a rising focus on risk management. Key findings include the identification of major risk categories such as operational, strategic, financial, and compliance risks, with a notable trend towards the adoption of Enterprise Risk Management (ERM) for better communication and risk-return management.

Nov 1, 2006

RIMS ERM Maturity Model

The Risk and Insurance Management Society (RIMS) has recently introduced its Risk Maturity Model (RMM) to help organizations better utilize Enterprise Risk Management. The RIMS Risk Maturity Model can be used by chief risk officers and other risk practitioners as a resource to aide in planning, implementing, and benchmarking Enterprise Risk Management practices within their organizations.

Oct 27, 2006

Managing Enterprise Risks at Reynolds American, Inc.

Reynolds American Inc. leveraged merger integration to embed ERM into strategic planning, creating a dynamic framework for risk management. Discover their innovative "ERM Lite" approach and risk-driven strategies.

Sep 25, 2006

Managing the Unexpected

Al Decker's article highlights how effective ERM can prevent unwelcome surprises by enhancing communication and governance in decentralized business structures.

Sep 25, 2006

ERM-Benefits for Strategic Planning

The Quarterly Journal of the EDS Agility Alliance recently published an article titled, Coming of Age: As Enterprise Risk Management Matures, So Does Its Value in Strategic Planning, to emphasize the rewards of ERM. Even though some senior managers still lack the broad perspective needed to deal with risk management issues, new tools have emerged and ERM has rapidly gained momentum. The Risk-Capital-Value Framework (RCV) is an example of a concept developed to help businesses manage risks.

Sep 22, 2006

Wachovia Corporation’s Approach to ERM

Discover how Wachovia Corporation integrates ERM to manage credit, market, and operational risks while fostering a strong risk culture and governance through board-led oversight and strategic risk committees.

Jun 15, 2006

The 2006 Oversight Systems Financial Executive Report on Risk Management

Discover insights from the 2006 Oversight Systems Report, focusing on proactive risk strategies, technology-driven oversight, and governance enhancements to strengthen financial institutions in a volatile global economy.

Jun 1, 2006

Insurers Discover ERM Isn’t Just for Banks Anymore

A 2006 report by The Conference Board reveals uneven ERM practices among U.S. corporate boards, with gaps in risk dialogue, data analysis, and clear risk tolerance definitions.