This session offers a broad overview of the different types of techniques: the role of the board, risk tolerances, risk profiles, risk workshops, and allocation of resources, while focusing on the principles that determine business success. Come away with a wealth of knowledge on the drivers, the techniques, the benefits, as well as the pitfalls to avoid, in successfully implementing enterprise risk management.
Webinar highlights and key learnings for this session include:
- putting the right people in the right places to build a strong ERM framework
- establishing an ERM system in the face of cultural, logistical and historical challenges
- creating a common language and reporting system for communicating key risk indicators
- fostering a risk-aware culture without discouraging beneficial risk-taking behaviours
John Fraser is the Senior Vice-President, Internal Audit and former Chief Risk Officer at Hydro One Networks Inc., one of North America's largest electricity transmission and distribution companies. He is a recognized authority on enterprise risk management and has co-authored several academic papers on ERM. He also co-authored the CICA's publications: 20 Questions Directors should ask about Risk and 20 Questions Directors should ask about Internal Audit.
Betty J. Simkins, Ph. D., is the Williams Companies Chair of Business and Professor of Finance at Oklahoma State University's (OSU) Spears School of Business. She has served on the Board of Directors for the Financial Management Association and the Eastern Finance Association. Dr. Simkins has published more than 60 articles in leading journals. Her current research focuses on enterprise risk management.