Every day, in every industry across the country, leaders are forced to make choices. Whether mundane or significant, choices inform corporate decisions, and it is these decisions that accumulate to form and shape an organization’s culture and performance. But we’re all human, and when a person is faced with a choice, fear can inhibit judgment, potentially stifling innovation or masking opportunities in a cloak of risk.
In many respects, managing fear and managing risk are synonymous. The reduction of risk can better position an organization to analyze options and make evidence-based decisions. The goal is to remove the emotional and fear-based aspects of decision-making. Managing risk and removing uncertainty is one of the benefits of an enterprise-wide risk management program.
Over the last 20 years, Enterprise Risk Management has taken on various forms and frameworks. Too often, ERM is initiated with great fanfare, only to eventually drift to the outer orbit of leadership’s strategic priorities. A sustainable ERM program is a key aspect in helping organizations and leaders make decisions based on knowledge and balanced assessments, not based on fear. This webinar will isolate some key drivers of this trend and provide solutions to promote and sustain an ERM program that is valued and embraced by your organization.
Don’t miss this chance to hear distinct strategies for designing and sustaining an effective enterprise risk management program, reflecting observations and experiences from the real world. The presenters, Marc Dominus and Gregg Anderson, will focus on solutions relating to the distinct roles that organizational leaders play in defining and sustaining an ERM program.