Risky Business II: Enterprise Risk Management as a Core Management Process (Best Practices Report)

In today's global business environment, leaders of organizations must deal with a myriad of complex risks, many of which carry potentially substantial consequences. Many businesses are implementing enterprise risk management (ERM) as a program to improve the identification, assessment, and management of risks across internal silos.

With thought leadership from IBM Global Business Services, this report examines leading-edge ERM programs, describing how organizational leaders implemented ERM across business units and embedded ERM in core management processes to improve decision making. The best practices and case studies from American Electric Power, Fonterra, Microsoft, New York Independent System Operator, and Textron offer valuable insights on developing strategic risk management processes and fostering a risk-conscientious culture.