Don’t Throw the Baby Out With the BathwaterERM has received its share of the blame for the current financial mess. While there are some problems with current practice, it needs a bit of fixing, not wholesale renovation. | Chuck the Baby, TooAs currently practiced, ERM is useless at best and creates increased enterprise risk at worst. The role of ERM in organizations requires a complete rethinking. |
Managing Enterprise Risk in a Failing Economy: Is It Time to Rethink Risk Management?
Posted January 31, 2009 | Leadership | Leadership |
About The Author
Robert N. Charette is a Cutter Fellow and a member of Arthur D. Little’s AMP open consulting network. He is also President of ITABHI Corporation and Managing Director of the Decision Empowerment Institute. With over 40 years’ experience in a wide variety of technology and management positions, Dr. Charette is recognized as an international authority and pioneer regarding IT and systems risk management. Along with being a Contributing Editor to… Read More
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