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In keeping with its overall mission, the COSO Board commissioned and published in 2004 the Enterprise Risk Management—Integrated Framework.

Over the past decade, that publication has gained broad acceptance by organizations in their efforts to manage risk. However, also through that period, the complexity of risk has changed, new risks have emerged, and both boards and executives have enhanced their awareness and oversight of enterprise risk management while asking for improved risk reporting. This update to the 2004 publication addresses the evolution of enterprise risk management and the need for organizations to improve their approach to managing risk to meet the demands of an evolving business environment. The updated document, titled Enterprise Risk Management—Integrating with Strategy and Performance, highlights the importance of considering risk in both the strategy-setting process and in driving performance.


Responses to COSO's ERM Exposure Draft 1 Reply

You can find the feedback on COSO's updated ERM Framework, including the response from my organization IFAC, via this link: http://erm.coso.org/Pages/viewcomments.aspx Continue

Started by vincent tophoff in Sample Title. Last reply by Chief Learning Officer Nov 7, 2016.

4 Ways Learning Predicts, Protects Culture

Source: CLOmediaIt doesn’t take long to know whether an organization has a positive or negative corporate culture. Employees feel it in their guts, and they know instinctively if they want to be a part of it.While there may be a written set of…Continue

Tags: culture, management, risk, hardy, karen

Started by Chief Learning Officer in Uncategorized Sep 25, 2015.

George Washington University ERM certificate

The George Washington University Enterprise Risk Management Certificate will provide individuals or teams within agencies with the knowledge of the public sector-focused principles that are necessary to improve performance, quality and trust in the…Continue

Started by Peg Hosky in Sample Title Jul 8, 2015.

Free webinar featuring GAO, Commerce, NASA & George Washington University

Date: Tue, Jun 30, 2015 2:00 PM EDTDuration: 1 hourAccreditation: 1 CPE Cost: ComplimentaryRegistration:  https://goto.webcasts.com/starthere.jsp?ei=1067311&sti=my The…Continue

Tags: webinar

Started by Peg Hosky in Sample Title Jun 8, 2015.

OMB to require agencies to measure risk at the enterprise level

By Jason Miller (Federal News Radio)A chief risk officer (CRO) may be the answer to how agencies manage potential and real dangers. But whether or not agencies add another to the ever-growing list of CXOs, the White House will expect you to consider…Continue

Started by Chief Learning Officer in Sample Title Jan 11, 2015.

COSO Announces Project to Update Enterprise Risk Management- Integrated Framework

 The Board of The Committee of Sponsoring Organizations of the Treadway Commission (COSO) on Oct. 21, 2014 announced a project to update the 2004 Enterprise Risk Management – Integrated Framework (Framework). The Framework is a widely accepted…Continue

Started by Chief Learning Officer in Sample Title Jan 11, 2015.

What value does having a formal Risk Management Policy add to an organization?

In the public sector, when implementing Enterprise Risk Management within an organization, the question of value always comes into play sooner or later. QUESTION: What do you think the value of having a formal Risk Management Policy is to an…Continue

Started by Chief Learning Officer in Sample Title Aug 12, 2013.

Harvard Business Review released findings from ERM Study

The Harvard Business Review released findings from a study conducted with the insurance company Zurich on Enterprise Risk Management (ERM). And once again we see ERM being a topic that is getting more and more attention from boards and senior…Continue

Tags: GRC, ERM

Started by David Emanuel in Sample Title Apr 3, 2012.

ERM Evolution

I was asked to write this article for our company website.  I passed it on to several members of FederalERM.com and was asked to post it here as well.  Please have a look.Regards,David ZachDirector of Sales, North AmericaMethodware…Continue

Started by David Zach in Sample Title Oct 18, 2011.

NASA Better Buying Power

A whitepaper adapting the DoD Better Buying Power framwork for application at NASA. …Continue

Tags: Power, Buying, Better, NASA

Started by David M. Lengyel in Sample Title Oct 4, 2011.




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