October 16 | 12:00 pm – 1:30 pm EST
Integrating ERM with the Strategic Planning Process
- Tim Wiseman, MBA, ARM-E, Enterprise Risk Manager / PRIMA Faculty Member
- Ellen Shew Holland, ARM, President of Strategic Risk Frameworks, LLC
This webinar will focus on some of the unique nuances to strategy formulation in public sector and higher education environments. Additionally, attendees will hear some suggested tactics for elevating risk management discussions and considerations into the strategic planning arena and why it is important to do so. This presentation will address why it is important to boost risk awareness and intelligence for the organization in order to properly evaluate both opportunities and threats.
- Better understanding of sources of strategic direction and planning guidance for public entities
- Tactics for making the case to include modern ERM concepts in strategy setting
- Understanding of typical challenges in merging risk considerations into strategic decision-making.
Tim Wiseman is a faculty member for PRIMA's ERM in Higher Ed education program and advises ERM practitioners nationwide. He previously served with East Carolina University (ECU) from 2009-2019 where he led the effort to develop, implement and sustain the university's enterprise risk management (ERM) program. He assisted in developing effective monitoring and control measures and advised senior leadership on risk considerations for strategic decision-making.
Mr. Wiseman earned the Associate in Risk Management - Enterprise-Wide Risk Management (ARM-E) designation in 2012, is a certified defense financial manager (RET), with a B.S. in business administration from the University of Arkansas, an MBA from Syracuse University, and a M.S. in national resource strategy from the Industrial College of the Armed Forces.
Mr. Wiseman joined the ECU staff during a period of increased emphasis on oversight, regulatory compliance, and accountability within higher education and corporate business sectors. A recognized ERM practitioner, Mr. Wiseman presents regularly in auditing, financial and risk management forums. Prior to entering the risk management field, Tim served in various command and staff positions for 26 years as a finance officer and resource manager in the U.S. Army including service as a Congressional Budget Liaison.
Ellen Shew Holland is the President of Strategic Risk Frameworks, an independent risk management consulting firm, and the Higher Education Practice Leader for Hanover Stone Partners, LLC. She focuses on Strategic Risk Management, Cyber Security for risk managers, and Resilience and Crisis Management. She currently consultants with clients in industries to include: Higher Education, Internet of Things (IoT), International Mining, and Non-Profits.
She has over two decades of risk management leadership experience including a public education system with 100,000 students and over $8B in property, three private universities, and is the former President of the University Risk Management and Insurance Association. She has an Associate in Risk Management (ARM), and her MS in Finance.
|She developed the Strategic Risk Management program to align strategy with circumstances impacting success. Hanover Stone Partners also provides risk services in insurance archeology, captive review and reputation risk. She recently authored the IRMI “Seven Strategic Risk Management Priorities for Higher Education Risk Management.”|