How to embed ERM into the DNA of the organization
The Center for Excellence in ERM Fall 2019 Summit focused on embedding ERM into the organization. One key that came out of that Summit was shared perspectives on how to embed it more. Suggestions from ERM leaders included:
Boards voicing ERM support
Improving overall culture
ERM awareness initiatives
Face-to-face discussions
Collaborative workshops
Training ERM ambassadors
Showing the bus model risk to management
Integrating ERM into the organizational units
Incorporating ERM into goals
Having clear ownership of risks
Becoming partners with the business units
Executives voicing ERM support
Building ERM into strategy