Shaping a risk-aware culture: Insights from the Diligent ERM Virtual Summit
Are business leaders feeling prepared to implement robust ERM strategies? Do their organizations encourage a risk aware culture? Are their ERM reporting strategies up to scratch? And is their current GRC solution working for them? At the Diligent ERM Virtual Summit, we asked these questions of attendees — and more. The responses were varied, but one thing is clear: Technology is the key to overcoming the challenges of implementing a strong ERM program and creating a risk-aware organizational culture.
The summit highlighted that, while half of attendees felt somewhat prepared to implement ERM strategies, a significant number faced hurdles such as limited resources and budget constraints. Furthermore, a majority of participants expressed concerns about cybersecurity threats. These insights underscore the critical need for integrating advanced technology solutions that not only enhance visibility and assessment of risks but also streamline risk management processes, fostering a more resilient and proactive organizational culture.
The journey toward mastering enterprise risk management is ongoing and ever-evolving. The insights from the Diligent ERM Virtual Summit provide valuable benchmarks and guidance for organizations striving to enhance their risk management frameworks.
For more insights and information about the Diligent ERM Virtual Summit, visit our website and watch the replay!
