Issues Encounter in Day-To-Day Practice of ERM
A look at recent times through the Global risk management survey43 carried-out by Deloitte LLP in
the later part of 2008, reports on various aspects of the implementation of the ERM program. On the
challenges to the organization in implementing its ERM program the following results were obtained:
1. Data
45% of respondents rated data integration as very significant and 43% said it was somewhat
significant.
2. Culture
57% of respondents rated the culture to be very significant against 27% that said it was somewhat
significant.
3. Tools and supporting technology systems
31% of the 81% respondents rated it as very significant and the majority said it was somewhat
significant