March 3, 2020
How to Convince Business Units That ERM Has Real Value
Integrating it with strategic planning shifts perceptions that ERM is a bureaucratic exercise. Enterprise risk management (ERM) is often viewed by business leaders as a check-the-box exercise that interferes with the profit engines they’re seeking to run. A treasurer at a recent NeuGroup meeting who also chairs his company’s risk committee sought advice on how to convince the leaders of business units and other corporate entities that the ERM process adds value. Ed Scott, senior executive advisor at NeuGroup and…
