Posts Tagged ‘ KPMG ’

KPMG: 10 Common ERM Challenges

March 27, 2010

Risk Management magazine just published an article by Jim Negus (of KPMG LLP’s risk and compliance services group) listing their top ten ERM challenges. They write: Very few organizations find enterprise risk management implementation easy–it requires a rare combination of organizational consensus, strong executive management and an appreciation for various program sensitivities. Despite the effort required, however, ERM is worth it because it forces most organizations to step back and identify their risks, which is one of the first steps to protecting capital and driving shareholder value. As boards and executive management evaluate ERM, however, they usually come away with…

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KPMG paper: The Business Case for a Risk Executive

October 14, 2009

Here is the latest white paper from KPMG called The Business Case for a Risk Executive: Leading Efforts to Avoid Surprises, Maneuver through Challenges, and Add Value. (See link below.) Big title. Fortunately, the paper is only 12 pages in length when you include the canned metaphorical Getty images of the guy looking through binoculars and “business people” talking seriously in the hall. But I digress. The paper summarizes what many risk practitioners already knew: before the recent economic crisis, what people thought was risk management was nothing but compliance, risk identification or audit and not the strategic tool enterprise…

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