Day One In-Depth - June 10, 2010

8:00
Registration & Continental Breakfast 8:45
Keynote Address: Update on Enterprise Risk Management Initiatives & What’s on the horizon for 2010?
In today’s economy more organizations are turning to Enterprise Risk Management to identify and reduce risks. In this session, our distinguished presenter provides a 10,000-foot view into the current ERM landscape, what opportunities an effective ERM program can provide, as well as the common pitfalls that keep organizations from being as successful as they can. 9:30
Panel Discussion: Establishing an ERM Program: Determining What Elements are needed for a Successful Program
With no clear standards for developing an ERM program, many executives struggle with how to design a comprehensive program. This interactive panel provides insight into how other organizations have developed their programs, the best approaches to integrate initiatives and how to overcome challenges throughout the process. This session shares best practices to every element of an ERM program including: • Identifying risks within your organization’s structure • Raising awareness and support for Enterprise Risk Management • Creating a standard for audit, insurance, federal and other guidelines 10:30
Break and Refreshments
11:00
Roles and Governance in Today’s Risk Environment
Topics to be covered in this session include:

The impact of evolving regulatory requirements and mounting investor pressure on risk management roles and responsibilities

Embedding risk management roles throughout the organization

Providing guidance to the business on evaluating and managing risk

Forming and defining expectations of a Risk Oversight Committee

Internal Audit’s role in a redefined ERM program

The role of the Board of Directors

Managing the culture change

11:45
Evaluating The Role of the Board In the ERM Process
12:30
Networking Luncheon
2:00
Conducting a High Level Risk Assessment & Integrating it into Your Organizational Operations

Identifying the elements of a comprehensive risk assessment and how to quantifying that risk

Strategies for incorporating risk assessment into your annual planning

How to integrate risk assessment across a large organization with multiple divisions and locations

2:45
Technology Roundtable: Cutting Edge Solutions toYour ERM Needs
In this networking session, attendees have the opportunity meet with solution providers to learn about new software and technology products. Participants rotate to meet with numerous providers to optimize your learning experience and networking opportunities. 3:45
Break and Refreshments
4:00
Aligning Risk Appetite and Business Strategy For Profitable Growth
At its simplest, risk appetite can be defined as the amount of risk, on a broad level, than an organization is willing to take on in pursuit of value. Risk appetite goes to the heart of how a company does business and is paramount to the development of a organization’s business strategy. This session will include a case study example of aligning risk appetite and business strategy in the planning process. Significant attention will be given to the process of articulating risk appetite and cascading the appetite into risk tolerances, risk limits and embedding these elements at the operational level.

Learning Objectives Include:

Characteristics of a well-defined risk appetite

Process to develop and articulate risk appetite

Cascading risk appetite into tolerances and limits

Aligning risk appetite and business strategy

4:45
Obtaining Buy-In from the Board for the ERM Function

Establishing an effective ERM strategy to obtain the Board’s support

Defending the role of the CRO in light of recent breakdowns

Developing a successful strategy and how best to communicate that strategy to leadership and across the organization

5:30
Cocktail Reception