This week I thought I'd re-print an extract from an interview with Greg Carroll by Greg Hutchins from US based Certified Enterprise Risk Manager® (CERM) Academy, on my upcoming book "Mastering 21st Century Enterprise Risk Management".
Enterprise Compliance Today
Without aggregation, ERM loses any meaning and purpose. (see Why Aggregate Risk in ERM) So if accepting the need to aggregate risk, both from business units to group and between diverse natures of risk, how do you aggregate risks?
We've posted a new item in the Resource Room. Here's a preview of what's inside.
How the right compliance software is improving Resolute's hazard management, administrative processes, audit-readiness, and more
The point of enterprise risk management is to avoid and minimize disasters, not wait for them to happen. (Third in a series of 4 articles)
What worked well 20 years ago in ERM is no longer good enough to keep you on top. (Second in a series of 4 articles)
Risk management can't predict the weather, but it can tell you when you should take an umbrella.
Most know the principles of risk management, but are vague on implementation. There's no need for confusion. We can cover the basics in just 3 minutes. (First in a series of 4 articles)
Business intelligence software (BI) may offer slick dashboards and tons of statistics, but it doesn't replace the intelligence of executives - or good governance systems.