Newsletter

AFERM Newsletter, Issue 35, December 2020

This 35th issue of the quarterly AFERM Newsletter includes thought leadership articles from ERM practitioners with ASR Analytics, Bureau of the Fiscal Service, National Institutes of Health, Office of the Comptroller of the Currency, and U.S. Customs and Border Protection.

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President’s Corner

Nicole PuriAFERM in 2021

By Nicole Puri

As our society finds itself in month 11 of the pandemic, many of us continue to hunker down and try to stay motivated despite the restrictions. One thing I have realized as I start my term as President is how difficult it is to mark progress when the days feel indistinguishable from each other. However, we now have some hopeful signs of the return of normal activities, and meanwhile, the AFERM Board and committees have been hard at work to make sure this year is a productive one.

For some time, AFERM has been working on a new Strategic Plan and considering operating model changes that will allow us to make better use of our volunteers. These are long-term structural changes which I believe will further strengthen AFERM’s ability to provide you with the activities and content you value. In addition to potentially changing our operating model, a few major initiatives are underway, including publication of a federal ERM standard and creating new opportunities for members which will help diversify AFERM’s revenue base. We also have several ideas in the works to add some significant benefits for our sponsor community.

Many of us are also preparing for a transition in administration and what that will mean for our ERM work. Though too early to say how the new administration will look upon ERM, we at AFERM remain hopeful and will be looking for opportunities to demonstrate the value and importance of ERM in the federal government. I would love to hear from our members about opportunities that they have seized to share ERM as we move further into the transition, so that I can share those with a wider audience.

Finally, I encourage you to check out an interview recently conducted by Federal News Network with David Fisher and me on the results of the AFERM-Guidehouse ERM 2020 Survey, which was released during the AFERM Summit in September 2020. In the interview we explored themes related to ERM risk culture, the connection between internal controls and ERM, and where agencies have made advancements.

AFERM continues to work hard for you, our members and sponsors, and we look forward to a great year together! As always, if you have something you would like to discuss with me, please don’t hesitate to reach out to me.

Happy New Year!
Nicole D. Puri

Nicole Puri, AFERM President, may be contacted at president@aferm.org.