Principles of Successful ERM Implementation

Show Notes

How to implement an Enterprise Risk Management regime that is readily accepted and endures? Answer: by mastering the principles of program success, which will set you apart as an administrator.
Edited for length.
 

Employ proven success factors for program implementation shown in studies.
1. clear goals and objectives - how to formulate them?
2. senior executive support - how to secure meaningful exec support?
3. staff buy-in, the age-old problem - how to get take-up? is software the answer?
4. program adequacy - how does bad ERM design scuttle the program?
5. adequate resources - how to support people’s efforts
6. program champion - significant role for organizational change
7. incremental implementation - avoid common fail in a monolithic imposition

Value add: How to compile more risk criteria specifically for your business. 
and
Summary
[see unedited transcript for full discussion]

Use all these principles as Risk Categories in your next risk ID session.

KEY QUOTE
“Master the principles of program success that have already been studied, and really apply to all administrative programs, all management initiatives -- not just ERM.”

LINKS 
Edited transcripts: The ERM Minimalist available at Books and Courses. Works well with Play Books (read aloud function) and Apple Books.
(E. Robertson 2016) Solving the Enterprise Risk Management Puzzle: Secrets to Successful Implementation 
Program implementation failure: please see the summary I posted in Episode 3.