Board Risk Oversight

Jul 6, 2022

Five Actions to Build a Resilient Organization

The 2021 Deloitte Global Resilience Report explores how to strengthen resilience in your organization to be prepared to overcome disruptions and thrive amid extreme circumstances. Through 2,260 interviews with public- and private-sector CXOs in 21 countries, the report identifies five organizational characteristics common to companies that have proven to adapt, bounce back, and persist amid disruption: preparation, adaptability, collaboration, trust and responsibility. This article translates those characteristics into practical, actional steps for leaders to build resilient organizations.

Jun 30, 2022

Practical Tips to Prepare for Disruption

Disruption is a part of life and business, and business leaders are often tasked with making important decisions amid uncertainty. Based on insights from its research, Gallup published a set of practical tips for leaders to effectively prepare their organizations to withstand disruptions.

Apr 29, 2022

Elevating Value of Leading-Edge ERM: Highlights from the April 22, 2022 ERM Roundtable Summit

The sharing of insights and experiences among ERM leaders continues to help advance the strategic value of ERM programs among organizations. Fostering thought leadership on strategically focused risk management is a core mission of the ERM Initiative at NC State University. The “golden nuggets” shared by speakers at the April 22, 2022 ERM Roundtable Summit covered a variety of topics related to advancing best practices in enterprise risk management (ERM). We are providing this high-level summary so others can benefit by what was shared in each of the six sessions.

Apr 4, 2022

Reporting Risk Information to Boards of Directors

Keith Cureton shares insights about reporting risk information to executive teams and boards. In his role at UPS, Keith led the company’s ERM process and regularly reported risk information.

Feb 8, 2022

Six Practices to Future-Proof Your Company

As companies rebuild their workforces in the aftermath of Covid-19, they must move into the digital age to future-proof their operations and give them a competitive advantage. A recent Harvard Business Review article, "Future-Proofing Your Organization," draws on research by Bain & Company involving more than 300 large firms in every sector of the global economy. The authors identify six recommended practices for companies to follow as they recover from the pandemic to create technology-enabled workforces for future success.

Nov 2, 2021

2021 Global State of Enterprise Risk Oversight

2021 Global State of Risk Oversight Report, in collaboration with AICPA and CIMA.

Oct 6, 2021

New Resources: ERM Tools & Techniques

The ERM Initiative interviews John Fraser, Rob Quail and Betty Simkins about the 2nd edition of Enterprise Risk Management: Today’s Leading Research and Best Practices for Tomorrow’s Executives.

Sep 21, 2021

Is Your Company’s Knowledge Walking Out the Door with Your Retirees?

A conversation about the risk of knowledge loss often is centered around a technology concern evoking thoughts of cyber breaches that release proprietary information, an operational matter considering outsourcing or the one that I will discuss, a people or talent discussion. This article discusses how knowledge loss from employee attrition can be reduced through effective knowledge management and knowledge transfer practices.

Feb 15, 2021

Enhancing Risk Management Governance and Leadership: Traits to Consider

Chuck Saia, Senior Partner at Deloitte shares insights about risk management leadership and governance in a discussion with ERM Initiative Director Mark Beasley.

Jan 4, 2021

Improving Management Review Controls

Mark Beasley, Alan T. Dickson Distinguished Professor of Accounting and Director of the Enterprise Risk Management Initiative in the Poole College of Management at NC State University, is the co-author (along with John Fogarty and Doug Prawitt) of a thought paper, Perspectives on Management Review Controls: Challenges and Solutions, released by the Center for Audit Quality. This thought paper provides information and insight on issues surrounding the design, implementation, execution, and documentation of MRCs.