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OpenPages, AMR Research to Discuss Strategies for Managing Enterprise Risk

June 15, 2009

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Who: John Hagerty, AMR Research Vice President and Research Fellow, 
John Kelly, Director of Product Marketing, OpenPages

What: Managing Enterprise Risk: Theory vs. Practice webinar

Where: To register for this webinar, please visit http://www.openpages.com/news_events/upcoming_events.asp

When: Wednesday, June 17 at 11:00 a.m. EDT

In today's turbulent business environment, risk has taken on a higher profile and created greater responsibilities for those who manage it. Executive management and board members want to know how risk is being managed in their businesses and, in particular, how to better manage risk to drive business performance and create the greatest reward for their shareholders.

AMR Research has found that in theory, enterprise risk management (ERM) is a top-down methodology, but in reality, risk management today is largely operational and executed from the bottom up. In a recent report titled “Managing Enterprise Risk: Theory vs. Practice”, John Hagerty, AMR Research Vice President and Research Fellow, writes “since many companies are still in the early stages of maturity, risks are identified within different organizational silos (even, in many cases, within departments of a larger organization) and then monitored and mitigated without benefit of the bigger risk picture.” 

Join John Hagerty as he discusses five steps organizations need to take in order to put disciplined risk management into practice. These steps include: 

  • Learn how others are organizing for risk management
  • Establish ownership wherever possible
  • Use the right language to avoid miscommunication
  • Determine what level of risk your organization will tolerate, and;
  • Instill risk thinking in everything you do

Following, John Kelly, Director of Product Marketing, OpenPages, will discuss how OpenPages’ customers have successfully incorporated effective ERM into their business practice.

About OpenPages

OpenPages is the leading provider of integrated risk management solutions for global companies. The OpenPages Governance, Risk and Compliance (GRC) Platform empowers a risk-based approach to identify and manage key business risks across the enterprise. This approach enables companies to focus on what’s important and to avoid unexpected outcomes while improving performance. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in the United Kingdom, distribution partners in Japan and South Africa and regional offices throughout North America.

For more information on OpenPages' governance, risk and compliance solutions, please click here or call us at 781.693.5999.

Press Contacts
OpenPages:
John Kelly
OpenPages
(781) 693-5925
pr@openpages.com
North America:
Jessica Sutera
Lois Paul & Partners
(781) 782-5700
openpages@lpp.com
EMEA:
Gareth Williams
Harvard Public Relations
+44 208 759 0005
Gareth.Williams@harvard.co.uk
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