The Role of Risk Leadership in Defining ERM Readiness in Government : IBM Center for The Business of Government , March , 2024
The Role of Risk Leadership in Defining ERM Readiness in Government : IBM Center for The Business of Government , March , 2024
From the executive summary: "Today’s risk landscape requires a unified, coordinated, disciplined, and consistent approach, no longer focused on risk management as a compliance exercise or perceiving risks solely as problems to avoid. Research is needed on reconceiving risk management as a value-creating. activity integral to strategic planning, decision making, and organizational resiliency.
As former federal Chief Information Officer Suzette Kent so aptly notes, “People and operational changes due to service delivery being significantly more digital, workforce in hybrid location mode and massive growth in automation and artificial intelligence drive the need to reexamine workforce, risk practices, and operational resiliency.”
This need to reexamine risk and how its effectively dealt with is made even more pressing in a world and at a time where government leaders increasingly agree that “rare unexpected events” are now neither rare nor unexpected. Indeed, they are shocks—more frequent and more destabilizing. This report seeks to contribute to this reexamination recognizing the critical importance of the role of leadership in effectively managing risk and building more resilient organizations that are mission driven and outcome focused. The insights outlined in this report fit neatly into and complement the work produced as part of the IBM Center’s Future Shocks initiative to help governments grow more resilient in the face of increasing risks, promoting research on preparing for and responding to shocks that increase in frequency and magnitude."
Authors - Young, Peter C., Trang HoangSubjects
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