In June 2017, AFERM partnered with AGA to present the 2017 ERM Workshop: Beyond Compliance, Driving Organizational Value. More than 150 federal professionals participated in this forum, to share progress and best practices related to using ERM to drive organizational value. This summary report shares the information discussed during this workshop.
COSO Enterprise Risk Management-Integrated Framework Update
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has unveiled an update to its Enterprise Risk Management – Integrated Framework and is seeking public comment of the proposal, from June 15 through Sept. 30. The update, Enterprise Risk Management — Aligning Risk with Strategy and Performance, is designed to address the needs of all organizations to improve their approach to managing new and existing risks as a way to help create, preserve, sustain, and realize value.
Link to COSO site: http://www.coso.org/ermupdate.html.
AFERM 2016 ERM Public Sector Survey
Federal ERM Practitioners,
We are pleased to announce the launch of the 2016 AFERM ERM Public Sector Survey. This year, we hope to obtain feedback from 75+ practitioners from across the Federal government. Co-sponsored with PwC, the survey will capture feedback from Federal risk management practitioners through their responses to a web-based questionnaire, followed by a number of in-person interviews.
Thank you for submitting your response and in helping make AFERM grow as a vibrant community of practice for all Federal ERM practitioners!
AFERM Communications Committee
Continue on to the FY16 SurveyAFERM ERM Public Sector Survey 2015 Results
We are pleased to provide the attached results of the first annual AFERM ERM Survey. Nearly 30 practitioners from the Federal Government participated in the Survey. Co-sponsored with PwC, the survey captures feedback from Federal risk management practitioners through their responses to the questionnaire and a number of in-person interviews.
Some key takeaways from the Survey include the following:
- Effective risk management is a necessity and ERM is widely recognized as a growing best practice in the Federal Government
- The amount of resources deployed in support of ERM will increase in both the near-term and the foreseeable future
- Successful implementation and maturation of an ERM program in the Federal space requires the support and commitment of Agency leadership
Thank you to PwC for helping lead the ERM Survey!
AFERM Communications Committee
DownloadImproving Government Decision Making through Enterprise Risk Management
On behalf of the IBM Center for The Business of Government, we are pleased to present this report by Douglas Webster and Thomas Stanton