Certified Enterprise Risk Manager® (CERM) Academy

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Greg Hutchins PE
GregH@QualityPlusEngineering.com
503.233.1012 or 800.COMPETE

Site Description


Quality + Engineering (Q+E) developed the Certified Enterprise Risk Manager® certificate program to provide training to engineering, technology and operational professionals.

Why? Every day there seems to be a ‘Black Swan’ event. A ‘Black Swan’ event is a seemingly low likelihood, but high impact, catastrophic event, such as the Gulf oil spill, Toyota recalls, lettuce ecoli, volcanic eruptions, cyber security intrusions, and other operational risk events.

As well, cyber security, power grid, supply chain, interoperability, communications, and other standards are more often based on risk management principles. Risk management is now considered a core skill for the exercise of due care for all technology and operational professionals.
What is CERM?

Certified Enterprise Risk Manager® (CERM®) is a risk management certificate based on ISO, ANSI, IEC, and NIST standards. We now life in the age of VUCA (Volatility, Uncertainty, Complexity, Ambiguity). CERM addresses VUCA based on:

1. Risk-based, problem solving.
2. Risk-based, decision making.

The goal of CERM is to ensure organizations and people can be proactive, preventive, preemptive, and even predictive in their decision making under VUCA. CERM is based on and addresses the new ISO, ANSI, and NIST risk management standards. CERM drivers include:
  • “Global complexity is the foremost issue confronting these CEOs and their enterprises. The chief executives see a large gap between the level of complexity coming at them and their confidence that their enterprises are equipped to deal with it.”
    Source:
    IBM 2010 Global CEO Study as quoted in May 19, 2010, Business Week.
  • Direct responsibility for risk management rests with the CEO (43%), COO, (19%), or CRO (20%).
    Source: ‘Executive Survey,’ Korn/Ferry Institute, July, 2010.
  • “I think we now live in an era when many of the concerns in running organizations are being reframed in terms of risk, which suggests that risk professionals are likely to rise to the top.”
    Source:
    October 2009, Harvard Business Review.
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