connecting risk information

How Enterprise Risk Management Prevents Surprises

Governance programs are the unsung heroes of 21st-century business operations. Their situation is analogous to that of football’s offensive line. If an offensive line does its job, no one will notice it, but when something goes wrong, the spotlight shifts. Governance personnel know this feeling all too well. Unwanted surprises – be they compliance notices,…

board accountability

Volkswagen Side-Steps Enterprise Risk Management

Volkswagen has been side-stepping environmental compliance standards by “programming some diesel-fueled cars to turn on emission controls only when being tested.” In the days since this discovery, Volkswagen has been hit with over 30 federal lawsuits and 40%+ decline in stock value, all stemming from the same source—poor Enterprise Risk Management. In this case, poor…

Animas River after EPA Spill

ERM Report: the EPA Spill & Better Risk Assessments

Last week, a “mistake” by the Environmental Protection Agency (EPA) caused “millions of gallons of pollutants” to overpower the Animas River in Colorado. The EPA, responsible for maintaining and protecting the environment, in fact did just the opposite. The 3 million gallons of wastewater has the potential to cause health risks for humans and animals…