talent risk

ESG provides risk and opportunities

Does ESG Expose Additional Risks and Opportunities?

By Carol Williams / February 11, 2022 /

If you work with a publicly-traded company or otherwise follow financial news, you’re undoubtedly familiar with ESG, which can best be described as a “set of standards” for evaluating a company’s track record on an array of Environmental, Social, and Governance issues. Over the last decade or so, ESG has become a significant concern for…

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Navigating Risks and Opportunities of the Changing Nature of Work

By Carol Williams / September 23, 2021 /

When the COVID pandemic forced many companies to shift to a remote work arrangement last year, it represented “…one of the greatest disruptions to work in generations.” This disruption forced both executives and workers to be more innovative, with companies spending over $300 billion last year on technology to facilitate working from home. The transition…

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Risk Appetite and Risk Tolerance – Which Definitions Do You Use?

By Carol Williams / May 5, 2021 /

In follow up to our recent article on handling risks that exceed the company’s appetite, we would like to share this perspective from our friend Hans Læssøe on this complex and controversial topic. Hans’ article below describes how the world’s leading risk management standards, COSO and ISO 31000, have differing definitions on risk appetite and…

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risk management professional

How an Aspiring Risk Management Professional Can Break Through

By Carol Williams / September 23, 2020 /

As my blog has grown, so too have questions from readers located around the world. I always enjoy and appreciate when risk professionals reach out to me with their specific challenges – thank you!! In addition to questions about risk identification, risk appetite, risk monitoring, and other technical challenges, I often field questions from both…

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The Future of ERM – Grooming the Next Generation

By Carol Williams / September 17, 2019 /

As ERM professionals, we are always looking toward the future. The core of our job is to ensure executives are making risk-informed decisions in establishing and pursuing strategic objectives. Our goal isn’t to avoid risk but to help companies take intelligent risks to ensure success. Since our profession should focus on the future, the recent…

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One Scarcely Mentioned Way Social Media Can Damage an Organization’s Reputation (…and how to address it)

By Carol Williams / June 3, 2019 /

Now that we’re over a decade from when the first IPhone hit the market in 2007, it’s becoming clear the impact social media can have on an organization’s reputation. Generally speaking, reputation is more significant in today’s world in large part due to the lightning speed at which news can spread. To illustrate the growing…

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risk volume complexity

Organizations Across-the-Board Report Increasing Risk Volume and Complexity

By Carol Williams / May 13, 2019 /

In my first post analyzing NC State’s latest State of Risk Oversight report, we discussed how more organizations are designating a Chief Risk Officer. In this post, I want to take some time to discuss another significant observation from this year’s survey – the volume and complexity of risk. The ERM Initiative in partnership with…

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risk transfer

Risk Transfer – A Response Strategy for Limiting Damage from a Negative Event

By Carol Williams / September 18, 2018 /

An article published in early 2017 giving a brief overview of risk response strategies has been one of my most popular…and it still resonates with risk management professionals. I’ve wanted to dive deeper into each of these risk response strategies to provide readers with a little more background on how a particular one applies to…

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Top 5 Talent Risk Stories from Around the Web – Fall 2016

By Carol Williams / November 8, 2016 /

Staying on top of potential risks to the enterprise can be a full-time undertaking all by itself. Bringing together stories about all types of enterprise risk would not only be exhausting on our end, it would be quite long for you, the reader. Therefore, for today, I want to focus on top stories I have…

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