Is Enterprise Risk Management (ERM) dead? There is a stunning disconnect between the unprecedented need for ERM and lacklustre results.
Show Notes
Podcast launch! Is Enterprise Risk Management (ERM) dead? There is a stunning disconnect between the unprecedented need for ERM to be “instilled into the corporate DNA” and lacklustre risk manager survey results. Let’s explore why ERM is broken, and how to fix it.
Welcome to the Risk Commentary podcast
Who is this podcast for?
Mission
Credentials
Is ERM Dead?
Survey results
Why is ERM so incredibly convoluted and seemingly complex?
KEY QUOTES
”We are in an unprecedented and evolving landscape unlike anything that we have ever seen historically.” This from the former President of Lloyd’s of London for North America... and yet only 35% of those surveyed have a full Enterprise Risk Management practice.
LINKS
Book: Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation (E.R. 2016)
Interview with LoriAnn Lowery-Biggers and colleague Sean Murphy by John Czuba of Legal Talk Network.
The State of Risk Oversight - An Overview of Enterprise Risk Management Practices by AICPA. April 2021.
Listen On
Also In Season 1
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The C-Suite Considers ERM
What are the key questions of senior executive in considering the adoption of en -
Opportunity and Innovation
Managers can lead a structured innovation program. -
Due Diligence, Risk ID for Major Projects
Due diligence is not the same as risk assessment; they are complementary. -
Is Financial Risk Management Equivalent to ERM?
ERM, for some, consists solely of Financial Risk Management. Is this sound?