Key risk indicators

ERM Dashboard Reporting: From Data to Decisions (Chapter 25)

Book: Enterprise Risk Management: From Incentives to Controls
Author: James Lam
ISBN: 978-1-118-41361-6

Chapter 25 closes the implementation section with dashboard reporting. Risk transparency is a core ERM goal. A 2011 Deloitte survey of 1,500 executives ranked “risk information reporting” as the #1 priority among 13 risk initiatives (86% said high or moderate priority).

Enterprise Risk Assessment: A Practical Guide (Chapter 23)

Book: Enterprise Risk Management: From Incentives to Controls
Author: James Lam
ISBN: 978-1-118-41361-6

Chapter 23 is the how-to guide for risk assessment. Not every risk can be modeled. Risk assessments fill the gap by identifying, quantifying, and prioritizing key risks so the board and management can make better decisions.