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ERM Program: Start Here

By Randi Morrison posted 05-01-2023 07:04 PM

  

Woodruff Sawyer’s “Enterprise Risk Management: What Is It? Should You Care? Where to Start?” discusses the importance and key components of an Enterprise Risk Management program with a focus on organizations that are currently managing risks on a more ad hoc or less comprehensive basis. Among other helpful resources, the article links to this report, which provides examples of how management communicates risk information to the board—inclusive of sample risk dashboards, heat maps, categories, and other practices—based on insights from major US company chief risk officers or similar executives.

See also Mayer Brown’s “Corporate Governance and Risk Management Experience” and additional information and resources on our Risk Management & Oversight page.

                       This post first appeared in the weekly Society Alert!

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