This week's report from Deloitte and Forbes Aftershock: Adjusting To The New World of Risk Management maps the changing landscape in enterprise risk management (ERM).
ERM is now a C-Suite issue according to the 192 execs surveyed. But ERM effectiveness depends upon company-wide engagement. In the words of one CFO quoted in the report:
“There is always a concern that if you set up a large ERM team, they somehow own risk. It can’t work that way. People that manage the day-to-day business need to own risk”.
No surprise then that many of the top ERM challenges identified in the survey are addressed directly by a business process management platform such as Nimbus Control.
27 Jun 2012 Governance Has So Many Meanings: Not Helpful
22 Jun 2012 Why Governance Teams Are Not The Answer