Manage Tomorrow's Surprises Today™ ERM Blog

integrated risk management 0

ERM Report: The Automobile Industry & Integrated Risk Management

[Editor’s Note: Organizations have become myopic with GRC solutions, and they can no longer see the forest through the trees. Our new series, brought to you by the LogicManager Analyst Team, will keep you up to date with real world examples of risk management failures, and how ERM could have prevented them.] In the past few...

risk and compliance 0

Why Integrate Risk and Compliance?

Compliance professionals have it tough. While risk managers work in shades of grey (or often, red, yellow, and green), compliance officers are often asked to answer the more direct question: Do we meet this regulatory mandate? While the task may differ, compliance professionals without enterprise risk management in their toolbox are at a significant disadvantage. Regulations...

internal audit planning 0

Improve Internal Audit Planning with ERM

Choosing the right areas to audit based on risk, or scoping, is the most important aspect of an audit management program. ERM provides five steps to ensure your internal audit planning is truly risk based. The key to adding value in the internal audit process is to first determine where the biggest contributors are to the...

ERM software 0

Why SharePoint Fails to Support ERM

While SharePoint is a good tool for file storage, it falls significantly short of delivering the capabilities a risk manager needs to analyze trends and see the relationships the job requires. Cost & Innovation SharePoint on the surface may look like an inexpensive solution versus commercial ERM software, however the hidden cost of IT development is...

Forrester GRC Wave 0

LogicManager Selected for Forrester GRC Wave

Forrester recognizes growing interest in consolidated platforms GRC has been defined up until now as targeting specific requirements of a single department or function — typically IT, compliance, or health and safety.  Since 2005, LogicManager, a leader in ERM platforms, has taken a more holistic, enterprise approach to these functions, and with the Q1 2014 Wave,...

risk management progress 0

In Risk Management, Progress is Paramount

One of our business analysts recently came to me with a particularly troubling conversation he had with a prospective client. The client reported to him that while 6 months ago the appetite for ERM had been strong, the enthusiasm and excitement for the program had since waned and the risk manager was now preparing to take...

enterprise risk management solutions 0

ERM Report: WV Water Contamination, a Regulatory Lesson?

[Editor’s Note: Organizations have become myopic with GRC solutions, and they can no longer see the forest through the trees. Our new series, brought to you by the LogicManager Analyst Team, will keep you up to date with real world examples of risk management failures, and how ERM could have prevented them.] Over 300,000 West Virginians...

Enterprise Risk Management process 0

SEC Reprioritizes ERM in 2014

The Security and Exchange Commission announced its examination priorities for the New Year, and Enterprise Risk Management heads the list. The priorities, selected by Senior Staff from the National Examination Program, aim to address areas of weakness that threaten fair, orderly, and efficient markets. On the subject of Enterprise Risk Management, the NEP states that it...

How to Buy ERM Software 0

NYT: How to Buy ERM Software in 2014

In previous blogs, I’ve covered the differences between ERM and GRC offerings. One critical difference I’d like to explore more fully is the concept of Software-as-a-Service, especially as it pertains to the IT departments and legal councils charged with approving your ERM or GRC solution. Due to Software-as-a-Service’s relatively recent entry into the Business to Business...