Corporate ERM Programs Progress

Comparing results from The NeuGroup’s Corporate ERM Group meetings in the spring of 2010 versus 2009, we see how corporate ERM programs have made tangible progress toward two key goals. For example, 14% now have a clear mandate for ERM involvement in all new corporate intiatives to assess potential new risks and impact on existing enterprise risks, where they were just mostly involved last year. On the other end of the spectrum, just 21% versus 30% a year ago never see ERM involved in new intiatives. As for involvement in strategic and financial planning, 43% of ERM respondents said they were always involved, versus 30% last year, and those sometimes involved are now more likely to be mostly involved. Plus, just 7% versus 20% in 2009 said they were never involved in strategic planning.