Episode Details

Thid episode explains the COSO Enterprise Risk Management (ERM) framework, a structured approach to managing organisational risk. It outlines the framework's five components: governance and culture, strategy and objective-setting, performance, review and revision, and information, communication, and reporting. The episode highlights how using COSO ERM improves alignment with strategic goals, boosts transparency, and enhances overall organisational excellence. Practical tips and real-world applications are provided to guide compliance professionals in implementing the framework. The podcast encourages listeners to start small, collaborate, leverage technology, and advocate for its adoption within their organisations.