As a result of current economic conditions and market demands for increased transparency, enterprise risk management is rapidly becoming the focal point for initiatives to improve corporate governance. Yet according to a recent survey of enterprise risk management practices, 75% of organizations still do not report key risk exposures to their boards of directors. These organizations are increasingly at risk of regulatory sanctions and preventable yet unforeseen emerging risks to their brands and core strategic initiatives.

Join us for this session with Mark Beasley, in which he’ll share insights from recent research conducted with over 300 CFO’s about the current state of enterprise risk oversight. The research uncovered broad dissatisfaction among executives with their organization’s risk management practices and results. In addition to the survey results, this session will address:

• What are the limitations with today’s common risk management approaches?
• What are progressive organizations doing in response to increased expectations for more robust risk oversight at the board and senior executive levels?
• Why is better risk intelligence, especially related to emerging risks, critical to long-term strategies?
• What steps can senior executives take to strengthen their focus on oversight of the organization’s top emerging risk exposures?

Who Should Attend:

• Board of Directors and Audit Committee Members
• CEO, CFO
• Chief Risk Officer
• Chief Compliance Officer
• Chief Security Officer
• General Counsel
• General Audit Executive
• Chief Strategy Executive

Reference Materials:

Webinar attendees should download and review these COSO documents prior to the live session:

• Click HERE to download ERM Document 1
• Click HERE to download ERM Document 2

Attendees of the live session will also receive a copy of the survey report on the current state of risk management practices.

About the Presenter:

Mark Beasley is the Deloitte Professor of Enterprise Risk Management at the College of Management at North Carolina State University in Raleigh, North Carolina. The Enterprise Risk Management (ERM) Initiative at NC State provides thought leadership about ERM practices and their integration with strategy and corporate governance. As founding director, Dr. Beasley leads the ERM Initiative's efforts to help pioneer the development of this emergent discipline through outreach to business professionals, with its ongoing ERM Roundtable Series and ERM Executive Education for boards and senior executives; research, advancing knowledge and understanding of ERM issues; and undergraduate and graduate business education for the next generation of business executives (www.erm.ncsu.edu). He frequently works with boards of directors and senior management teams to assist them in strengthening their risk oversight processes.