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Q3 2025 Journal

Thought Leadership for the Federal Enterprise Risk Management Community
AFERM Journal – Q3 2025

PRESIDENT'S CORNER

Remarkable Goals Amid Uncertainty

This quarter, AFERM achieved some remarkable goals amid continued uncertainty. While uncertainty is a constant factor that's always present, there are times when it seems overwhelming. When that occurs, it's essential to re-emphasize and (1) focus on strengths, (2) focus on what you can control, and (3) focus on what's possible. And that's where we start regarding our quarterly update.

First, AFERM hosted two excellent webinars, “Integrating ERM into the Agency Budget Process,” and “ERM for Optimization.” We also launched AFERM UNIVERSITY, capitalizing on our amazing partnerships with organizations such as RIMS. As a result, we welcomed our first workshop students and celebrated this revenue-generating opportunity.

Additionally, we welcomed new members to our association and continue to engage our state and local community of professionals by solidifying growth in this area through engagements with AFERM's State and Local Committee.

As President, I urge you to understand that uncertainty will never completely disappear and has always been a part of our lives. As practitioners, we have an advantage that most people do not: an understanding of how to adapt and pivot during those times because of our expertise. Risk management is not a law. It's a leadership discipline. Just because you don't write risk down, doesn't mean it doesn't exist. ERM is a strategic and mature approach to risk management in times of uncertainty, a skill that is often lacking at executive levels within government and non-governmental organizations.

Finally, as the VUCA world, which we understand, continues to unfold, more risk management skills, when paired with the pursuit of opportunity, will be needed — not reduced. 

Remember that it is our uniqueness as AFERM and a skill many strive to achieve. It is our mission to educate as many people as possible about the importance of this skill.

Let's continue to fulfill our mission, which sets us apart from many.

Until next time, STAY CONNECTED AND ENGAGED! 

Thank you,
Dr. Karen Hardy

THOUGHT LEADERSHIP

Now is not the time to be hollowing out Federal ERM Programs: Views from a CRO

By Tom Brandt, Director of Planning and Risk / Chief Risk Officer for the Federal Retirement Thrift Investment Board

At a time when the value and purpose of ERM is being reevaluated and reconsidered within the Federal government, it might be helpful to reflect on at least one agency’s experience. 

READ MORE

Looking back over 10 years of Enterprise Risk Management (ERM) 

By Natalie K. Houghtby-Haddon, PhD, Executive Director, GW Center for Excellence in Public Leadership   

As I look back on 10 years of Enterprise Risk Management, I am very grateful to the group of federal managers who got together to say, “this is something the federal government needs to do; this is something important to help us ensure that our agencies are managing the risks that threaten to prevent us from achieving our strategic objectives, the risks that could prevent us from achieving our organization’s mission in serving the American People.”  Thank you to all those of you who planted the seeds and brought ERM to fruition. 

READ MORE

Register for the 2025
AFERM Virtual Summit

Be sure to register for the 2025 AFERM Virtual Summit, the premier event for federal enterprise risk management professionals. Cross it off your to-do list and register today!

Mission Possible: Unlocking the Future of Enterprise Risk Management, AFERM’s groundbreaking virtual event, will bring together the sharpest minds in ERM, policy, technology, collaboration and innovation to answer a bold question: What does the future of Enterprise Risk Management look like beyond 2025—and who gets to define it? The time to reimagine Enterprise Risk Management is now.

Expect two days of expert insights, collaborative sessions, and practical tools to help you thrive in an evolving risk landscape.

Register by September 21 to secure Early Bird pricing:

  • AFERM Member Early Bird: $250
  • Non-Member Early Bird: $395
Register Today!
View Schedule-At-A-Glance

Be a Part of AFERM University

AFERM co-developed the RIMS-CRMP-FED Certification. Now we are teaching it! Through AFERM University, you can affiliate with a community of certified practitioners dedicated to ERM at all levels of government, speaking the same language with your certification.

AFERM is now offering RIMS-CRMP-FED Preparatory Courses. The next two-day, live, virtual, course is Monday, September 8, and Tuesday, September 9, from 9:00am - 4:00pm ET. 

Participants who complete this program are eligible for the RIMS-CRMP and RIMS-CRMP-FED examinations [as part of the course fee] at no cost, provided the course participant sits for the examination within 90 days of completing this course.

Learn More Here

Join or Renew Your AFERM Membership

AFERM is the premier professional community for government ERM practitioners. Here are just a few of the benefits that your AFERM membership gives you year-round:

  • Access to our online resource library with over 100 contributed artifacts
  • “Risk Chats” – the official AFERM podcast
  • Educational workshops for ongoing professional development
  • Virtual and physical communities through our forums, communities of practice, and book club
  • Discount on the annual AFERM Summit
  • The latest news and info in ERM.
Log In to Renew
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