The US Government, UN, and man national governments are moving to operational ERM. This is a critical departure since most ERM programs have focused on financial ERM – think COSO. Well, times are a’changing. See below quote from Federal News Radio:
“The White House is putting enterprise risk management front and center as it updates a key policy on internal controls. That should be out later this year, but some agencies already have embraced the concept. The Census Bureau did so after a crisis several years ago that was embarrassing and costly. Nancy Potok was the Bureau’s chief financial officer back in 2000. She left the agency but returned in 2012 as its deputy director and chief operating officer.
Source: Federal News Radio Reporter Emily Kopp spoke to Potok after a presentation on enterprise risk management.
We are fielding more requests from clients on what this means for Federal, state, and local agencies. Stay tuned.
Bio:
Greg Hutchins PE and CERM (503.233.101 & GregH@QualityPlusEngineering.com) is the founder of:
CERMAcademy.com
800Compete.com
QualityPlusEngineering.com
WorkingIt.com
He is the evangelist behind Future of Quality: Risk®. He is currently working on the Future of Work and machine learning projects.
He is a frequent speaker and expert on Supply Chain Risk Management and cyber security. His current books available on all platform are shown below: