We just ended our first Certified Enterprise Risk Manager(R) Bootcamp in Seattle.  Five days of risk bonding, sharing of risk information, and risk learnings.  it was a great success.

We had a number of lessons learned:

Enterprise Risk Management (ERM) is reshaping many industries from pharma, electric power, water, food, etc.  These industries are developing ERM standards.  The challenge is that many of these standards have not been deployed or adopted.

Adoption of ERM is still early in most companies.  Publicly held companies often have mature ERM as part of their internal control over financial reporting programs to comply with Sarbanes Oxley and other regulations.  The operational ERM programs are still in their infancy.

Material risks are more often in operations, technology, and IT.  Engineering, IT, quality, supply management, and other operational professionals need to learn and implement risk management in their areas.

Tell us your ERM experiences?  Are they the same as our lessons learned?