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Risk Management Weak: Mark Beasley Comments on Latest ERM Report

Executives view the world as increasingly risky, with many reporting a “significant operational surprise” over the past five years, a new study found. On top of that, the majority of executives also report their organizations are not developing more robust risk management processes.

“These findings are particularly timely, given the political, economic and social uncertainties that businesses are facing in the United States and abroad,” said Mark Beasley, co-author of a report on the survey results and director of the Enterprise Risk Management (ERM) Initiative at North Carolina State University.

The report, “2017 Global State of Enterprise Risk Oversight,” (was) released jointly by NC State’s Enterprise Risk Management (ERM) Initiative and the Association of International Certified Professional Accountants (AICPA) – the global accountancy body formed by members of and the Chartered Institute of Management Accountants.

Read the full story about this latest ERM report in Industrial Safety and Security Source (ISS Source).