Aug 14, 2024
In this episode of the Risk Management Show podcast we welcome Michael Schank, a seasoned management consultant with over 25 years of experience in financial services. Michael discusses the limitations of traditional Enterprise Risk Management (ERM) programs and introduces the Process Inventory Framework, a methodology he developed to improve risk management, compliance, and strategic decision-making.
Key Topics:
Michael’s Career Path:
Why Traditional ERM Programs Fail:
The Process Inventory Framework:
Improving Data Quality in Risk Management:
Reducing Chaos and Increasing Accountability:
Application Across Risk Types:
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