ERM Initiative’s Fall ERM Roundtable Summit Scheduled for Oct. 1

Tony Heredia, vice president of corporate risk and responsibility at Target Corporation, will present the keynote address in the ERM Roundtable portion of the program, speaking on the topic of “ERM at Target: Providing Strategic Value.”

Following his presentation, a panel of ERM leaders from four industries will discuss “The Value Proposition for ERM: Strategic or Compliance.”

The panelists are:

• Tom Belt, vice president-internal audit, Advance Auto Parts, Roanoke, Va.
• Laurie Brooks, vice president, risk management, and chief risk officer, Public Services Enterprise Group, Newark, N.J.
• Steve Dreyer, managing director, Standard & Poor’s, New York, N.Y.

• Ward Sax, vice president, treasurer, and chief risk officer, Research Triangle Institute, Durham, N.C.

The half-day ERM Roundtable Summit has evolved from the initiative’s popular ERM Roundtable series, said Dr. Mark Beasley, Deloitte Professor of Enterprise Risk Management and ERM Initiative Director in the NC State College of Management.

“We held our first half-day ERM Roundtable Summit in Charlotte, N.C., this past March and had a great turnout. Adding the panel session brings additional perspective and examples of ERM implementations at a wider range of companies,” Beasley said. “We found that this half-day format is particularly appealing for those who are traveling in for the program.” About 100 business professionals attended the March summit, including several who flew in from Connecticut, Georgia and Alabama.

“We have structured the ERM Roundtable Summits to provide participants a number of key value points,” he said. One key learning objective is a better understanding of emerging risk oversight trends. Participants can also expect to

• gain a better understanding of how to take their organization’s ERM process beyond compliance by understanding why ERM is a valuable strategy tool,
• learn how to use ERM in strategic planning, and

• hear real-world examples of effective ERM implementations.

The program begins with registration and a continental breakfast at 7:45 a.m. The Roundtable portion of the program will be held from 8:30 a.m. to 10:00 a.m., followed by a networking break. The panel discussion will be held from 10:30 a.m. to 12:00 p.m.

The ERM Roundtable Summit will be held at the Wachovia IMAX Theater building at Marbles Kids Museum, 201 East Hargett Street, Raleigh, NC 27601. Registration details, including registration deadline and cost, are available on the ERM Initiative website, erm.ncsu.edu.

The ERM Initiative is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education (CPE) on the National Registry of CPE Sponsors, and recommends 3.5 hours of CPE credits for this program.

About the Enterprise Risk Management (ERM) Initiative

The ERM Initiative was created in the NC State University College of Management to meet growing expectations for boards of directors, audit committees, and senior executives to design and implement effective enterprise risk management systems to protect and enhance an entity’s value, help them manage risk more effectively across the enterprise – and to remain competitive. The initiative is funded in part by a $1 million gift from the Bank of America Foundation.

About the NC State University College of Management

The College of Management was established in the North Carolina State University in 1992. It offers bachelor’s degrees in accounting, business management and economics undergraduate and, through its Jenkins Graduate School of Management, offers the Master of Accounting, Master of Business Administration, and Master of Global Innovation Management degree programs, with an emphasis on management and leadership in a technology focused, global marketplace. The college also offers master’s and doctoral degrees in economics, presented jointly with NC State’s College of Agriculture and Life Sciences.