Risk Beyond 2022

David R. Koenig, President and CEO of the DCRO Institute from United States of America, delivers his insights on how to deal with the challenging environments we are currently facing. Risk Beyond International Conference 2022 is Asia’s premiere Risk Management conference, designed to provide governance, risk, and compliance practitioners around the world an extensive insight into various GRC issues that organizations face while cultivating shifted perceptions.

2022 OIG’s Top Unimplemented Recommendations: Solutions To Reduce Fraud, Waste, and Abuse in HHS Programs

The OIG’s Top Unimplemented Recommendations: Solutions To Reduce Fraud, Waste, and Abuse in HHS Programs is an annual publication of the Department of Health and Human Services, Office of Inspector General. In this edition, they focus on the top 25 unimplemented recommendations that, in OIG’s view, would most positively affect HHS programs in terms of cost savings, program effectiveness and efficiency, and public health and safety if implemented.

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U.S. Office of Government Ethics (OGE) Strategic Plan

OGE is pleased to present its Strategic Plan for fiscal years 2022 through 2026. The Plan reflects OGE’s ongoing commitment to its important mission of preventing conflicts of interest in the executive branch. The Plan recognizes that consistency, accountability, leadership, and transparency are vital to the success of that mission. The Plan highlights OGE’s ongoing commitment to make ethics documents publicly available and a new commitment to reach a broader array of stakeholders to raise awareness of the systems and processes in place to detect and resolve conflicts of interest. OGE will use the Plan to determine its future work, set priorities, and measure success.
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The Orange Book 2020

Management of Risks – Principles and Concepts (from the UK)

In successful organisations, risk management enhances strategic planning and prioritisation, assists in achieving objectives and strengthens the ability to be agile to respond to the challenges faced. If we are serious about meeting objectives successfully, improving service delivery and achieving value for money, risk management must be an essential and integral part of planning and decision-making. While risk practices have improved over time across government, the volatility, complexity and ambiguity of our operating environment has increased, as have demands for greater transparency and accountability for managing the impact of risks. This updated guidance builds on the previous Orange Book to help improve risk management further and to embed this as a routine part of how we operate.

The Orange Book Update

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ERM in Government Textbook: “Enterprise Risk Management: A Guide for Government Professionals”

Enterprise Risk Management: A Guide for Government Professionals is a practical guide to all aspects of risk management in government organizations at the federal, state, and local levels. Written by Dr. Karen Hardy, one of the leading ERM practitioners in the federal government, the book features a no-nonsense approach to establishing and sustaining a formalized risk management approach, aligned with the ISO 31000 risk management framework. International Organization for Standardization guidelines are explored and clarified, and case studies illustrate their real-world application and implementation in US government agencies. Tools, including a sample 90-day action plan, sample risk management policy, and a comprehensive implementation checklist allow readers to immediately begin applying the information presented.

The book also includes results of Hardy’s ERM Core Competency Survey for the Public Sector; which offers an original in-depth analysis of the Core Competency Skills recommended by federal, state and local government risk professionals. It also provides a side-by-side comparison of how federal government risk professionals view ERM versus their state and local government counterparts.

Enterprise Risk Management provides actionable guidance toward creating a solid risk management plan for agencies at any risk level. The book begins with a basic overview of risk management, and then delves into government-specific topics including:

  • U.S. Federal Government Policy on Risk Management
  • Federal Manager’s Financial Integrity Act
  • GAO Standards for internal control
  • Government Performance Results Modernization Act

The book also provides a comparative analysis of ERM frameworks and standards, and applies rank-specific advice to employees including Budget Analysts, Program Analysts, Management Analysts, and more. The demand for effective risk management specialists is growing as quickly as the risk potential. Government employees looking to implement a formalized risk management approach or in need of increasing their general understanding of this subject matter will find Enterprise Risk Management a strategically advantageous starting point.

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