Regulation and compliance rate as the top business risks in Ernst & Young’s annual business risk report.

Give me a break, survey respondents.

The looming threat of regulatory uncertainty qualifies as a larger risk than access to credit, talent management issues, and the challenge of entering emerging markets. Really? more

I’ve been working on a column about corporate risk management intended to cull risk management insights from the beyond-business realm (an endeavor that led me to “possibility management” and other variations on traditional risk management).

At least I was doing so until Aberdeen Group Senior Analyst Nasreen Quibria sent me a white paper draft that yanked me back into the domain of corporate risk management.

The report, currently titled “The Executive Enterprise Risk Management (ERM) Agenda,” clearly and authoritatively presents the current state of global ERM.

(Full disclosure: I’m not on Aberdeen Group’s payroll, I instinctively groan at the word “analyst,” and — gosh darn it – I wish I had written this paper.)

The report examines ERM adoption (drivers, progress, and benefits, among other facets), lays out a process for achieving best-in-class risk-management performance, and offers a three-tiered maturity class framework. more