Risk Monitoring and Communications
Using Risk Profile Summaries to Oversee Top Risks
Mark Beasley, Deloitte Professor of ERM at NC State University, interviews Keith Cureton, Vice President of Global Compliance and Ethics at UPS about how risk information is communicated to senior management and the board of directors.
Keith describes the process UPS uses to capture risk information in one-page risk profile summaries that highlight the most critical information related to the organization’s top risk exposures. Keith highlights the typical content of the risk profiles that provide a concise, high-level view of the most important risks on the horizon for the company.