Another pretty good white paper from earlier this summer, from a major accounting firm, this time GrantThornton. It is a decent primer on ERM if you are a newbie but makes some good points about the value of the ERM.
It is written in very simple language, and includes a list of about 100 risks to consider in this down economy (which you can borrow from) and an example of a risk register, which makes this paper more practical and less theoretical.
Finally, the paper also illustrates the relationship between Governance, Risk and Compliance (GRC) and ERM.
GrantThornton appears unafraid to give away some of its IP, which I quite like.
See white paper http://www.gt.com/staticfiles/GTCom/Advisory/CorporateGovernor/CGwhitepaper_ERM_FINAL.pdf