Conference Day One: Monday, 30 September 2019
Monday, September 30th, 2019
1:30 PM Role of ERM in Disruptive Era
Technologies are evolving and due to which organizations face varied nature of risks - Business models are changing at a pace faster than ever thought. Enterprise Risk Management (ERM) processes should evolve and focus on the evolving risks arising from new businesses, disruptive technologies and other external factors, and include such factors in organization strategy building and decision making. Risk management should drive senior leadership and board audit committee to think about disruption and develop effective mitigation plans to address the varied nature of risks in this challenging environment. Further, integrating ERM into strategy setting processes will not only help organizations to be more prepared to face such disruptions but also identify new opportunities which are untapped.