What are some techniques to leverage ERM information for the Strategic Objective Review (SOR) process?

Question asked by Anonymous

AFERM Experts Say...

One of the benefits of aligning ERM with agency strategy is developing information that strengthens the agency’s strategic review process.  Recognizing a root cause and identifying outcomes or impacts of the key risk events that can inhibit or enable realizing the strategic goals and objectives of the agency provide greater insights into what actions, resources, and our authorities may be needed.  Explicitly discussing the risks to strategic objectives and the consequences of the risks, if they manifest, presents an objective argument that supports the actions taken to achieve results and demonstrates that the agency has a thorough understanding of the issues and key challenges to accomplishing its goals.