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Steve Nkwor

ERM: Tone at the top


by Steve Nkwor | May 18th, 2017

ERM project, like every other project, is generally faced with some likelihood of implementation success or failure. The probability of success or failure in implementation has a direct link with the tone that is set by the executive and board of the organisation. In addition to organisational tone, a lot of regulated organisations are also awaiting a national or regulatory tone for ERM...

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Steve Nkwor

Proof of an ERM organization.


by Steve Nkwor | April 20th, 2017

A topic like this confronts every organisation in our todayís world of changing shapes and sizes of risks. ERM regulated organisations are wont, perhaps, to make the proof with a compliance mindset. Even when an organisation is not ERM regulated, all organisations are invariably faced with a need to show that they manage risk. Why? The answer is as common as our daily living experiences.

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Steve Nkwor

ERM: Project Sponsor


by Steve Nkwor | June 22nd, 2017

There are first steps in ERM implementation. To begin with, appropriate Tone-at-the-Top needs to be set. We already considered this in the immediate past article. Following from that, a sponsor of the project would need to come on-board to steer the ship. This overall leader of the project is what we are considering in this article. He or she may need to appoint a consultant. A roadmap, with clear milestones, should also be produced and a project team constituted.

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Steve Nkwor

Understanding the risks that your organization faces


by Steve Nkwor | April 13th, 2017

We are all used to a lot of things that naturally present within divides. For this discourse, we will just limit ourselves to two. We will talk of drainage divide. We will also talk of number-line divide. In a drainage divide, water flowing on one side of a divide empties into one body of water, while water flowing on the other side empties into another. This can be likened to the upside and the downside divide that an organisationís risk presents.

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Steve Nkwor

How ERM benefits your organisation


by Steve Nkwor | April 6th, 2017

A topic on ERM such as this may appear obviously grey to many. To shed light, we could rephrase the topic to focus other bodies of knowledge such as accountancy, insurance and information technology respectively, for instance.

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