After months in the creation, the new ERM Advantage YouTube Channel is up and running, and can be found at http://www.youtube.com/@ermadvantage. Here you will find a growing library of videos covering every area of enterprise and operational risk management, including the ERM framework, risk appetite, risk assessments, metrics and reporting, and much more. New content … Continue reading
The good news is that the idea of developing a solid Enterprise-wide Risk Management (ERM) program is really starting to get some traction. More people are talking about it, the regulators are encouraging it (read: requiring it) and more articles are being written about it. And that’s all very, very good. Here’s the problem. The … Continue reading
Ok, honestly I hate resolutions, I really do. Gyms love them, I hate them. The last resolution I made was not to make any more resolutions. Ironically, I’m going to break that resolution. The fact is that enterprise risk management is finally being adopted at a fantastic rate. Businesses are realizing that a holistic approach … Continue reading
Thank you for visiting ERM Advantage, where everything is about the best in enterprise risk management methods and practices. Please feel free to comment on any of the content you find here, just remember to be civil, respectful and constructive. You can also send comments, questions and topical suggestions to ermadvantage@gmail.com. To learn more about … Continue reading
In working with different sized institutions to develop an enterprise risk management program, some of the questions that tend to come up relate in particular to the Chief Risk Officer’s (CRO) role, including: To whom should the CRO report? Does the CRO only work on the risk framework or can (or should) he participate in … Continue reading