Enterprise Risk Management
Many companies are implementing Enterprise Risk Management — or ERM in management parlance — and corporate leaders are paying attention to their methods and processes for dealing with uncertainty. But "compliance-centric" ERM misses the real opportunity to protect and enhance shareholder value.
What Top Management Wants From Its ERM Program
Enterprise Risk Management is top of mind among many CEOs and boards of directors. Not just in the financial industries, where the subprime mortgage crisis has triggered a broad malaise. Debt rating agencies and reulators are beginning to step up their scrutiny of corporations' risk management processes. Now all corporate leaders are paying attention to their methods and processes for dealing with risk and uncertainty. Many companies have a corporate risk officer in place.
Others are implementing an enterprise governance, risk, and compliance platform. But "compliance-centric" ERM misses the real opportunity to protect and enhance shareholder value.
In this eBriefing, two advisors to CEOs and boards will discuss what top management really needs from its ERM program. We will feature a case study of one company that successfully implemented value-driven ERM, a company that views risk not as a threat to be neutralized, but as an opportunity and a competitive advantage.
This free web conference is hosted by the Stanford Center for Professional Development in partnership with SDG. It is co-sponsored by RIMS, the Risk and Insurance Management Society.
