Day 2 Agenda — 2019 AFERM Summit (Tentative)

Speaker

Ken Fletcher, President, AFERM

Partnership between the Communications and ERM teams in Canada Revenue Agency (CRA) and the development of a strategy for managing, mitigating and measuring reputational risk.

In this session, the team from the Internal Revenue Service’s (IRS) Office of the Chief Risk Officer will highlight a variety of practices, tools, and techniques they’ve developed and deployed in implementing ERM, including a Risk Advocate Program, Risk Awareness Week and Risk Spotlight Series, ERM Self-Assessments and Peer Reviews, the Executive Risk Committee (ERC), Risk Working Group (RWG), an Enterprise Risk Channel, and more. Participants will receive a variety of templates and samples they can take back and adapt for use in their own organizations.

The panel will focus on how to engage leadership/governance in determining an organization’s risk appetite, as well as applying the concept in real world scenarios that generated positive results.

This session will focus on how analytics, robotics, and cloud technology are being used in Enterprise Risk Management. Panelists will share CXO perspectives on the benefits and potential utility of emerging technology.

There is a distinct difference between simply meeting a requirement and creating something that adds value. Understanding this difference has been key to the growth of some of the most successful global companies but is often forgotten or ignored in the Federal world where innovation and effort are not driven by revenue motivation. With few resources, a complex organizational structure, and significant competing demands, developing and implementing an effective ERM program in the US Coast Guard is challenging. In this session, we will show how some of the same tools and approaches successful start-up companies and Venture Capitalists use to evaluate opportunity and create value are being used to build and transform the ERM program at the US Coast Guard.

As successful ERM programs mature, the need to account for a broad range of stakeholder perspectives in the areas of program development, C-suite support functions, program assurance, internal and external oversight, and audit transparency grow.  At HUD, aligning these different needs to help support honest lines of communication for ERM and actionable reporting has been an undertaking since day 1 of HUD’s ERM program.  This panel will explore how risk-based assurance, continuous monitoring, and data analytics provide opportunities for agencies to improve performance and work more constructively with the OIG and other oversight bodies.

This session will explore how risk management contributes to the ultimate goal of any organization: the delivery of maximum stakeholder value. Capturing the true value of ERM requires integration of results sought, resources allocated, and risks accepted and managed through a portfolio management process across the entire organization. Panelists will share their experiences, including challenges and end results.

Panelists will discuss how Federal agencies are using insights from the application of data analytics techniques to inform their ERM programs.

Workiva, the leading cloud platform for reporting and compliance, solves complex challenges in enterprise risk management and internal controls over reporting (ICOR) processes with results that are measured in months, not years. Strengthen accountability and enable risk-based decisions by connecting real-time data in the cloud using Workiva's secure and FedRAMP certified platform. Delivered in a flexible, scalable, and transparent environment, Workiva solutions provide real-time visibility into risk levels and improve risk assessment, analysis, testing, issue tracking, remediation, and reporting.

Effective enterprise risk management involves a cultural shift where all mission areas in an agency are responsible for protecting and promoting public trust in their official actions. Public confidence in a governmental agency is a key component to its effectiveness in providing value to the citizenry, managing limited resources and carrying out its mission. This demonstration of Galvanize RiskBond will showcase how you can collaboratively assess enterprise risks, gain direct oversight into the work of your mission areas in treating enterprise risks, and share attractive and impactful visual reports that will help you easily communicate your risk posture story in a way which resonates with stakeholders across your agency.

As agencies mature their ERM programs, greater value can be driven by leveraging ERM to support and strengthen other agency-wide management activities. These management activities (“petals”) are critical to mission success, and include Strategy, Budget, Performance, Cyber, Fraud, and Internal Control. This session will explore the various petals of ERM integration along with emerging “petals” including evidence-based decision making and program/portfolio management, how and when to coordinate your agency’s ERM program with these management activities, and provide tangible examples and lessons learned as takeaways for attendees.

Provide participants with information about best practices that the OIG community is employing to implement ERM activities and to facilitate the adoption of ERM for audit planning purposes. This session will 1) share best practices that the OIG community is employing as it relates to implementing ERM, 2) provide information on ERM-related  touch points between OIG and agencies, and 3) the use of ERM for audit planning.

Risks come in many forms and flavors, and agencies collect lots of data in various formats, both structured and unstructured. All of this data represents valuable pieces of information or context about risks. The Health Resources and Services Administration has implemented a data-driven approach to make faster and better informed risk-based decisions.

For many years, organizations have recognized that diversity and inclusion leads to better decision-making, increased productivity, and greater effectiveness. This session will explore how diversity in demographics, perspectives, and experiences and a culture of inclusion (employees feel valued, respected, and treated equitably) can enhance an organization’s ERM capabilities, resulting in better risk identification and decision-making, increased accountability, and agency-wide risk awareness.

The YMCA’s path to ERM was both a learning experience and an example of real success.  Join Nancy Owens for a discussion of ERM at the YMCA, including how their thinking evolved about ERM over time, how they corralled their risks, how -they identify and manage risks, what their governance looks like and what role the audit committee plays, and how they filter on new priorities, all in the context of a not-for-profit organization.

Speaker

Margaret Weichert, Office of Management & Budget (OMB)

Speaker

Ken Fletcher, President, AFERM