perception of ERM

Should We Still Be Using the Term Risk Management?

By Carol Williams / August 16, 2022 /

“What’s in a name” you ask? Aside from “To be or not to be? That is the question,” this is probably one of Shakespeare’s most well-known quotes or idioms. And coincidentally, it forms the basis of one of the biggest debate’s in the risk management world today. Between risk appetite, heat maps, and the reliability…

Read More

The Importance of the First Five Minutes of Any Risk and Strategy Conversation

By Carol Williams / June 22, 2022 /

If there’s one thing I’ve learned writing articles for my risk and strategy blog is that considerable thought has to be put into the post’s title and opening lines. With a seemingly endless amount of content on the Internet, visitors will quickly whisk away if the title and intro to an article is not engaging…

Read More

Avoid the Gotcha Reputation with Executives by Using One Simple Step

By Carol Williams / May 17, 2022 /

In case you don’t know or can’t tell, I love speaking with and learning from others to understand their challenges as it can reveal what others are likely facing. And a recent conversation with a newly appointed head of audit revealed a challenge that I felt important to pass along. You’ve heard me say over…

Read More

3 Factors to Consider Before Escalating Risk Issues to the Board

By Carol Williams / September 15, 2021 /

After beginning as a requirement for financial firms, active Board oversight of risk management has increasingly become an expectation, even a necessity, for all types of organizations over the last 20 years. The annual State of Risk Oversight report from North Carolina State University corroborates this. According to their survey, a high number of Boards,…

Read More

From Debbie Downer to Team Player: 4 Ways to Change Your Organization’s Perception of ERM

By Ashley / November 3, 2017 /

Nobody likes a “Debbie Downer,” except of course the hilarious, unforgettable character from Saturday Night Live. She’s the one who always has something negative to say, even in the best situation. Unfortunately, organizations often think of ERM as the corporate Debbie Downer. You know you’ve received this dubious label when you’re not invited to planning…

Read More