
Corporate boards are taking their oversight mandate more seriously; that’s why they need ERM. Today’s corporate boards need to fully understand the risks a company faces as well as their relevance to its strategy and risk appetite. That’s been the case since 2009 when the SEC started requiring disclosure of a board’s role in risk oversight, including the qualifications of its members and a description of how the board administers its oversight function. The risks revealed by COVID-19 make this…