Skip to main content
Poole College of Management
Enterprise Risk Management Initiative

Risk Culture

May 1, 2008

Standard & Poor’s Applies ERM Analysis to Ratings

S&P to include ERM evaluations in credit ratings for all companies in 2008. Focus areas include risk culture, strategic risk management, and senior management’s approach to risk and reward.

May 1, 2008

ERM: The Importance of Senior Management Buy-In and Leadership

The Midwest Audit Committee Network met to discuss effective ways for boards and audit committees to oversee enterprise-wide risk management. The network is a group of audit committee chairs drawn from leading Midwest companies of varying size. This article captures the overall tone of the comments and outlines the conclusions drawn by the committee. While specific quotes are highlighted to emphasize a point, the speaker’s identity is kept confidential.

Jan 1, 2008

When Strategy and ERM Meet

Mark Frigo discusses strategic risk management and how assessing risks can impact business strategy and shareholder value. Discover key steps in strategic risk assessment and how ERM links to strategy.

Dec 31, 2007

The Evolution of Risk and Controls: Seeking Value Creation

KPMG's report explores how executives are shifting toward a holistic, value-driven ERM approach, incorporating risk management into strategic planning to respond to globalization, regulation, and emerging business risks.

Dec 1, 2007

Reputation Risk Management

Learn how companies can manage reputation risk through enterprise risk management, board oversight, and stakeholder relations. Discover strategies for safeguarding corporate reputation and maintaining a strong public image.

Nov 15, 2007

Standard & Poor’s Releases a Request for Comment on ERM

S&P’s 2007 proposal to include ERM practices in credit ratings emphasizes the importance of assessing risk management culture, governance, and strategic risk preparation for a comprehensive business profile.

Jun 5, 2007

Risk Manager Trepidation

Russ Banham advises risk managers to look beyond traditional models, emphasizing human and reputational risks. Learn how enterprise risk management can address these threats. Read the full report here.

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.

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.

Apr 28, 2006

Bank Supervisor’s Perspective on ERM

Susan S. Bies, Member of the Board of Governors of the Federal Reserve System in Washington, DC spoke on April 28th to over 200 business professionals at the last of three Spring 2006 ERM Roundtables. As a major leader within U.S. banking supervision, Governor Bies provided her perspectives on enterprise risk management (ERM). While her comments focused heavily on implications for banking institutions, her comments emphasized the importance of ERM for enterprises across all types of industries.