Petal Power: How ERM can Strengthen your Core Management Processes – 2019

As agencies mature their ERM programs, greater value can be driven by leveraging ERM to support and strengthen other agency-wide management activities. These management activities (“petals”) are critical to mission success, and include Strategy, Budget, Performance, Cyber, Fraud, and Internal Control. This session will explore the various petals of ERM integration along with emerging “petals” including evidence-based decision making and program/portfolio management, how and when to coordinate your agency’s ERM program with these management activities, and provide tangible examples and lessons learned as takeaways for attendees.

Speakers: Rachel Holloway, Centers for Disease Control and Prevention (CDC); Yashika Rahaman, Food and Drug Administration (FDA); Erica Navarro, Department of Agriculture

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Looking in the Mirror: ERM within the OIG Community – 2019

Provided participants with information about best practices that the OIG community is employing to implement ERM activities and to facilitate the adoption of ERM for audit planning purposes. This session  1) shared best practices that the OIG community is employing as it relates to implementing ERM, 2) provide d information on ERM-related  touch points between OIG and agencies, and 3) the use of ERM for audit planning.

Speakers: Jessica Southwell, Department of Labor, Office of Inspector General; Jonelle Pianta, HUD OIG; Dr. Temika Edwards, Department of Homeland Security, Office of Inspector General

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Utilization of Data Analytics for Financial Risks – 2019

Risks come in many forms and flavors, and agencies collect lots of data in various formats, both structured and unstructured. All of this data represents valuable pieces of information or context about risks. The Health Resources and Services Administration has implemented a data-driven approach to make faster and better informed risk-based decisions.

Speakers: Joseph Roach, Health Resources and Services Administration; Rick Amrhein, Health Resources and Services Administration

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What’s Diversity & Inclusion got to do with ERM? – 2019

For many years, organizations have recognized that diversity and inclusion leads to better decision-making, increased productivity, and greater effectiveness. This session will explore how diversity in demographics, perspectives, and experiences and a culture of inclusion (employees feel valued, respected, and treated equitably) can enhance an organization’s ERM capabilities, resulting in better risk identification and decision-making, increased accountability, and agency-wide risk awareness.

Speakers: Marianne Roth, Consumer Financial Protection Bureau (CFPB); Lori Giblin, U.S. Corporation for National and Community Service (CNCS); Montrice Yakimov, Federal Deposit Insurance Corporation (FDIC)

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The Path to ERM at the Largest Charitable Organization in the U.S. – 2019

The YMCA’s path to ERM was both a learning experience and an example of real success.  Join Nancy Owens for a discussion of ERM at the YMCA, including how their thinking evolved about ERM over time, how they corralled their risks, how -they identify and manage risks, what their governance looks like and what role the audit committee plays, and how they filter on new priorities, all in the context of a not-for-profit organization.

Speaker: Nancy Owens, Senior Vice-President & Chief Financial Officer, YMCA of the USA

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Understanding the Cost & Complexity of Cybersecurity & Data Privacy – 2019

Safeguarding the security and privacy of sensitive customer data has become a business critical requirement. Unfortunately, most struggle to effectively prioritize among the myriad cyber risks and to make a persuasive business case for mitigation, due to an inability to quantify cyber risks and a lack of a value-based ERM approach to cyber risk management. In this session, we discuss the cybersecurity and data privacy threat landscape and how a value-based ERM approach is used to identify and mitigate the key cyber risks and help a CISO align their priorities within the ERM program.

Speakers: Sim Segal, Columbia University; Shahryar Shaghaghi, CohnReznick Advisory

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A Conversation with Tom Brandt, Chief Risk Officer, U.S. Internal Revenue Service

What are benefits of pursuing enterprise risk management? How can risk management enhance agency decision-making? What is the mission of the Association for Federal Enterprise Risk Management (AFERM)? Join host Michael Keegan as he explores these questions and more with our very special guest, Tom Brandt, Chief Risk Officer, at the US Internal Revenue Service (IRS).

On Managing Risk in Government – A Research Portfolio

Risk is everywhere.

It is a condition of existence and government agencies aren’t immune from the slings and arrows of uncertainty. Risk takes many forms and continue to morph and transform with the pace of technology and the reality interconnectedness. It is a leadership imperative for government executives to mitigate the potency of uncertainty by managing the realities of risk and the IBM Center can help them…mitigate risk and make better decisions. Tackling risks requires the right tools and recognized best practices. Dr. Karen Hardy’s report outlines the fundamentals of enterprise risk management ERM in government…answering the how to and the why not? The first step in tackling risk is defining it and it isn’t always negative. Risk can present opportunities. Government Leaders can redefine risk as “uncertainty that matters” and Dr. Doug Webster and Tom Stanton can show you how… outlining practical steps to improving decision making using ERM. Many federal programs are at risk unable or incapable to achieving missions mitigating program risk is key to making government work better. Prof Donald Kettl report, provides a guide of steps risky federal programs can take to manage risk, improve results. Whether you face …. Integrity Risk Financial Risk Cyber Risks Or, risks associated with technological breakthroughs and disruptions…

This video provides an overview of many IBM Center for The Business of Government resources on risk.