Effectively managing enterprise risk for board members
RECORDED WEBCAST |
Due to COVID-19, the role of the board of directors with enterprisewide risk oversight has become increasingly challenging as expectations for board engagement are at all-time highs. While the pandemic may increase the risk committees’ significance, potentially putting it on par with the audit committee, it may also prompt the board to contemplate how much oversight it expects from that committee.
Join RSM’s John Brackett, National Leader for Risk Consulting, and Hussain Hasan, National Leader for Technology Risk Consulting; Ellig Group’s Board Advisory Services’ Nicole Sandford; CEO and President of Gray Matters Analytics Sheila Talton, and April Hall, Managing Editor, Directors & Boards Magazine, for an important discussion on the board of director’s role in managing enterprise-wide risk.
Our presenters will discuss how board of directors should:
- Monitor management’s enterprisewide approach to analyzing, prioritizing and monitoring risks, and alignment with board-driven strategic goals
- Monitor management’s prioritization of critical business processes and the organization’s plan for business continuity and recovery following a disaster, like COVID-19
- Consider how risk management positions an organization to improve business operations, differentiate the business and grow the business
- Consider what key and impactful questions to ask while keeping your noses in and fingers out of management operations
Nicole Sandford of Ellig Group’s Board Advisory Services
Sheila Talton, CEO and President of Gray Matters Analytics
RSM consultants bring insight into the risks you face now and in the future, and help you establish a practical approach to managing them.
What is the role of board members in your business? RSM looks at the responsibilities of public and private boards of governance.
Effective enterprise risk management (ERM) practices allow you to have more productive conversations about what is really important.