Our views on ERM

Preparing for the unknown The post-recession global economy will look very different from what US businesses are accustomed to. To prosper in this new environment, companies are adopting a new approach toward risk resilience.

A practical guide to risk assessment Risk assessment provides a mechanism for identifying which risks represent opportunities and which represent potential pitfalls. Done right, a risk assessment gives organizations a clear view of variables to which they may be exposed, whether internal or external, retrospective or forward-looking.

Managing emerging risks: Planning for the unknown This PwC whitepaper explores why companies must adopt a systematic approach to emerging risk identification, assessment and management as part of their overall approach to enterprise Risk Management (ERM).

From vulnerable to valuable: How integrity can transform a supply chain
Part of our achieving operation excellence series, this PwC analysis of 600 companies that experienced supply chain disruptions shows that their average shareholder value plummeted.

Preparing for S&Ps ERM evaluation
Standard & Poor’s is refining its ratings process to include a review of enterprise risk management as practiced at nonfinancial companies. PwC believes that the S&P initiative to incorporate ERM reviews in its credit ratings for nonfinancial clients will help management and shareholders understand and confront the widening world of risk.

Point of View: Understanding the new private sector preparedness program
This PwC point of view discusses the legislation titled Implementing the Recommendations of the 9/11 Commission Act of 2007 (the Act) which created a federal program to encourage companies to develop business continuity and emergency management plans for catastrophic events.