
How can effective enterprise risk management (ERM) programmes support the growth and resilience of your business? The session from WTW's Training Academy allows NEDs to learn from leading experts examine the components of successful ERM.
ERM is an organisation-wide framework and process that shapes a business’s approach to risk. These strategies identify and prepare for threats affecting those things the business fundamentally values.
Successful ERM strategies can mitigate operational, financial, security, compliance, legal, and many other types of risks, helping businesses meet their objectives, as well as obtain a clear picture of which risks require immediate actions versus which you should be comfortable are tolerating.
In this webinar, delegates can expect to examine the components of ERM, from company culture, objective-setting and event identification, through to risk assessment and risk response, and why having a sound ERM process is key for any organisation’s growth and resilience.
The session will cover:
- An overview of corporate governance standards
- The committee of sponsoring organisations (COSO) framework for developing ERM practices
- Core components of a risk management framework
- Roles, responsibilities, and reporting arrangements
- Tools for ERM, including risk registers
Key learnings include:
- The corporate governance standards that underpin ERM
- The core elements of a risk management framework
- The supporting organisational arrangements that should be in place for a successful ERM
The webinar is aimed at all those with responsibility for, or involvement in, risk management for their organisations.
It will be of particular interest to anyone who may be involved in the operation or compilation of a corporate or business unit risk register, either now or in the future.
The session will include a 45-minute presentation plus Q&A, and will be hosted by Sam Haslam, Risk and Resilience Advisory Deputy Practice Leader, WTW.
About WTW:
Willis Towers Watson (WTW) is a global leader in advisory, broking, and risk management solutions. With nearly 200 years of experience and 45,000 employees in over 140 countries, WTW helps businesses turn risks into growth opportunities by providing tailored solutions for intricate risk profiles. WTW’s offerings, including professional liability, D&O insurance, cyber risk, and M&A-related insurances, directly address the risks and challenges faced by today’s NEDs.