By Natalie K. Houghtby-Haddon, Ph.D. When I was growing up, a story my sisters and brother and I heard repeatedly was the story of how Great-Great Uncle Albert blinded himself as a 16-year old. The story went something like this: while whittling, he was scraping the knife along the piece of wood toward himself; it (more…)
Engaging stakeholders: Promoting ERM as more than a compliance exercise
By James C. Ansberry, Senior Manager, and Bert G. Nuehring, CPA, CGMA, Partner, Crowe Federal agencies have been required by OMB to implement ERM for several years, but many have struggled to overcome their stakeholders’ skepticism toward the program. This is a reprint of a previous newsletter published in March, 2020 ____________________________________________________________ Stakeholders often tend (more…)
Putting the Jigsaw Pieces Together: A Journey of Reflection That Aligns Directly with Effective ERM Implementation!
Submitted by: Elena Yearly, CEO of EMY Consulting. Elena has a 20+-year history working with organizations in all aspects of figuring out their risk management strategies and what makes sense for them. She is your current Treasurer on the AFERM Board and has been an AFERM volunteer for over ten years. Her firm is an (more…)
The Fire at Notre Dame: The Rest of the Story
Photo by Author; April 2024 By Tom Brandt Five years ago this April 15th, in the early evening hours, Parisians and tourists strolling past Notre Dame Cathedral noticed something very unusual – wafts of smoke emanating from the rooftop. To the horror of those watching, the wafts of smoke quickly turned into roaring flames that (more…)
Moving beyond ERM to Value Based Management
Moving beyond ERM to Value Based Management By Doug Webster The practice of enterprise risk management in the federal government has come a long way since the first federal ERM summit in 2008, the foundation of AFERM in 2011, and the inclusion of ERM as a formal federal agency requirement in OMB A-11 in 2015. (more…)
2024 Q2 President’s Address
The President’s Address Jason Bruno, AFERM President Greetings to our AFERM members, sponsors, and everyone else who is reading this because you are interested in Enterprise Risk Management or support AFERM’s mission. My hope is that you are comfortable, safe, and are ready for a post-COVID work and life environment. As we all gear up (more…)