When Enterprise Risk Management (ERM) is advocated, it often seems like it is the end all and be all.  However, this is not true.  It is a methodology which assists management in identifying the risk that can prevent an organization from accomplishing it desired goals.  As such, it should be viewed as another management tool in a range of tools.  Perhaps the best presentation of this idea, for local government, is from the city of Oshawa Canada.  This piece discusses how it has integrated ERM into it continuous improvement process. Continue reading →