Section 1
Company Profile
Executive Summary
ERM Mission Statement - describes the goals and objectives of your selected ERM risk framework (high level benefits and outcomes from the project)
Section 2- governance structure-
Section 3 -Implementation Plan
Covered risk- What risks will be covered in the plan?
Financial risk
Operational risk
Strategic
Insurance
Outcomes of ERM program implementation
--financial, operation, strategic, insurance
Staff and business leaders responsible for cascading tasks and activities down through the organization (shumin)
External Resources
-Determine if you need external consultants to participate to execute the plan. Explain why you chose to include or exclude external resources.
-What other external sources will be needed, such as, outside counsel, business partners, clients, etc. Explain why.
Risk Tools/Risk Technology
-Decide if you need a risk technology platform to aggregate enterprise risks across the firm. If not, explain how you will manage aggregation manually?
Timeline & Budget
Conclusion
-Briefly explain how your plan will benefit the organization