Here’s an article we do not see very often (read: never). Joseph Allred, a CPA from Texas, writes about the value of ERM in a manufacturing organization. Although the content is consistent with what many of us often write about, I found it refreshing to focus on a non-financial for a change. The author does articulate his points nicely about the difficulty implementing ERM: ERM has been difficult to implement primarily because organizations approach it as a massive project. Initially, combining distributed risk management efforts is a big job. It takes time to migrate from the old risk-management model that…
