Building the [ERM] Plane While Flying: A Start-up Approach to Implementing ERM at the USCG – 2019
There is a distinct difference between simply meeting a requirement and creating something that adds value. Understanding this difference has been key to the growth of some of the most successful global companies but is often forgotten or ignored in the Federal world where innovation and effort are not driven by revenue motivation. With few resources, a complex organizational structure, and significant competing demands, developing and implementing an effective ERM program in the US Coast Guard is challenging. In this session, we will show how some of the same tools and approaches successful start-up companies and Venture Capitalists use to evaluate opportunity and create value are being used to build and transform the ERM program at the US Coast Guard.
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