Breaking Down the Barriers to Action: Implementing the Real ERM
The traditional frame on Enterprise Risk Management is too limited to serve top management. Carl Spetzler discusses why it can be difficult for ERM to gain traction in organizations.
By Carl Spetzler
Strategic Decisions Group
2008 International Risk Management Conference
Conference Board of Canada
January 2008
Carl Spetzler, founder and CEO of Strategic Decisions Group, discusses why it can be difficult for Enterprise Risk Management (ERM) to gain traction in organizations in this keynote address to the 2008 International Risk Management conference in Toronto in January.
"Boards are demanding (ERM)," said Dr. Spetzler. "CEOs are asking for it. What is difficult is for the risk management profession to address the questions top management needs answered. The traditional frame on ERM is too limited to serve the top."
Dr. Spetzler, CEO of Strategic Decisions Group and the program director of Stanford University's Decision and Risk Management program, has decades of experience working with leading corporations to implement enterprise risk management programs and to apply the principles of risk management to corporate strategy and portfolio decisions. His presentation, "Breaking Down the Barriers to Action - Implementing the Real ERM," offers a challenging new perspective on what the top of the organization really needs from enterprise risk management.
