Session Descriptions

Continuing the ERM Journey

Tuesday, August 27, 2024

2:30 p.m. to 3:45 p.m.

The session focuses on advancing the ERM journey, with a particular emphasis on tailoring strategies for both small and larger associations. The discussion covers key elements such as governance, monitoring and reporting, organizational design, and the customization of risk management practices based on the size and complexity of the association. Associations are encouraged to leverage best practices, learn from peers, and embrace innovation in their ongoing ERM journey. Tailoring approaches based on association size ensures that risk management remains a strategic enabler rather than a one-size-fits-all burden, fostering resilience in the face of an ever-evolving risk landscape.

Learner Outcomes:

1. Tailoring ERM for Small and Larger Associations:
   1. Recognizing the unique challenges and opportunities faced by small and larger associations.
   2. Small associations: Emphasizing simplicity, flexibility, and scalability in risk management processes to align with limited resources.
   3. Large associations: Implementing “industry standard” ERM frameworks to address diverse and complex risks.
2. Organizational Design: Acknowledging the impact of organizational structure on ERM effectiveness.
3. Technology and Innovation: Integrating technology solutions to enhance risk management capabilities.