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ITS 835
Chapter 15
Embedding ERM into Strategic Planning at the City of
Edmonton
Enterprise Risk Management
Professor Miguel Buleje
Introduction
Edmonton – Past and present ERM
Links to strategic plan and to other strategic tools
Selecting and testing tools and framework
Recommended strategic ERM approach
Lessons learned
Edmonton – Past and Present ERM
Edmonton – Capital of Alberta, Canada
Over 800,00 population. Projecting 900,000 by this year.
ERM piloted in 2005
CORPORATE Business Risk Planning (CBRP) model
Not fully implemented
Based on COSO
Adopted strategic plan
The Way Ahead
Strategic ERM
Links to Strategic Plan
6 strategic objectives
3 key areas
ERM
Budgeting
Performance measurement.
4
Selecting and Testing Tools and Framework
The ways, takes into consideration 6 dimensions as we
discussion prior.
Implementation of the WAYS part of the overall strategic plan
5
Selecting and Testing Tools and Framework
Pm 2 Score Risk score Card process diagram
5 steps determine Risk
6
Strategic Goals and Objectives
Risks and Strategic Objectives
ISO 31000 Risk Management
ISO 31000 - Risk Management process chart
Similar approach
9
PM2 versus ISO 31000
Proposed ERM Framework
Lessons Learned
Key success factors
Senior management buy-in
Culture of innovation
Consistency of model across goals
Resource requirements for department SMEs
Department accountability for key risks
Process of selecting and implementing framework
Takes longer than expected
No system is perfect
Do not roll out all at once
Clearly define all milestones and deliverables
The Civil Right Act 1964
Title XI - Community Relations Service
Completely banned the discriminations in the public places to
maintain the communal relation services
Hallmark of American Civil Rights movement
People including all the societies have equal voting rights
Safety of the people against biased action
The Civil Right Act 1964 is the hallmark of American civil
rights movement where it disclose the key facts about the
discriminations and all the people in the society should treats
equally without any biased attitude based on the personal
characteristics of the people.
Under this law, people have equal voting rights by completely
removing the registration procedures and requirements for the
safety of the people against biased actions towards minorities.
This act also completely banned the discriminations in the
public places in the interstate commerce and furthermore added
several amendments to boost this act and give equal rights to all
the citizens (Right, 2015),
1
Community relation services benefits the minority people
Giving equal rights to all the people
John F Kenny proposed this act
Improve the social life for the minority people
The Civil Right Act 1964
Title XI - Community Relations Service
Moving forward with this act, it also applies in the workplaces
where people faced discriminations because of personal
characteristics and other social issues.
This act completely banned the workplace discriminations and
created equal opportunities to the people in the society which
also leads to the better results to the organizations.
After creating the equal employment opportunities in this act,
most of the workplaces able to increase their productivity by
hiring the skilled staff irrespective of their personal
characterises. After this move many people got employment
opportunities so that they can accomplish daily needs and made
their lives more better in the society (Landsberg, 2015).
2
Removal of discriminations in the society
Treat all the people equally
Create positive culture in the society
Principle of equal rights
The Civil Right Act 1964
Title XI - Community Relations Service
The Civil Right Act came into existence in the year 1964 with
the primary intension to completely end up the discriminations
in the society based on age, religious views, ethical beliefs,
sexual orientation, nationality etc.
The Civil Right Act 1964 is the most important law in the
United States and even a single violation in the law leads to the
greater issues and problems to the citizens of the country.
This law mainly takes the civil rights into consideration and
fight against the discriminations to give equal justice to the
people in society without any further challenges which may
leads unwanted incidents (Landsberg, 2015).
3
The Civil Right Act 1964
Title XI - Community Relations Service
Equal employment opportunity
Increased opportunity for the minority people
No biased attitude based on personal characteristics
Focus on balancing the social life
Many people in the United States society celebrated the
significance of Civil Right Act of 1964. The Civil Right act
deeply affected the people of United States and made numerous
changes in the existing policies laid down by the United States
Government.
The Civil Right Act 1964 made two major achievements passed
by the congress which includes equal constitutional rights for
the African Americans and other minorities in the society.
These rights were guaranteed in the United States senate and
constitutions so that no citizen in the country can violate the
rights and do justice to their roles and responsibilities (Butera
& Willey, 2014).
4
The Civil Right Act 1964
Title XI - Community Relations Service
The Civil Right Act 1964 is the landmark of civil rights
Treat all the people equally in the society
Should not encourage any discriminations based on personal
characteristics
Positive move to maintain the social communal relation services
The civil Right Act of 1964 is the landmark of civil rights
where all the people in the society treats equally and should not
encourage any discriminations either in the public places or in
the workplaces based on their personal characteristics.
This act was first proposed by the Congress President John
Kennedy in June 1963 and faces huge challenges followed by
this movement from the oppositions and other party people.
Even after facing numerous challenges Kennedy did not take his
move back and encouraged to pass this bill in the United States
senate with the positive intension to completely ban the
discriminations in the society (Landsberg, 2015).
5
Landsberg, B. (2015). Public Accommodations and the Civil
Rights act of 1964: A surprising Success. Journal of Civil
Rights, volume 100, Issue 5.
Wright, G. (2015). The Regional Impact of the Civil Rights Act
of 1964. International journal of civil right act.
Butera, J. & Willey, E. (2014). The civil right act of 1964 at 50:
Past, Present and Future. The academic journal article of civil
rights.
References

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ITS 835Chapter 15Embedding ERM into Strate.docx

  • 1. ITS 835 Chapter 15 Embedding ERM into Strategic Planning at the City of Edmonton Enterprise Risk Management Professor Miguel Buleje Introduction Edmonton – Past and present ERM Links to strategic plan and to other strategic tools Selecting and testing tools and framework Recommended strategic ERM approach Lessons learned
  • 2. Edmonton – Past and Present ERM Edmonton – Capital of Alberta, Canada Over 800,00 population. Projecting 900,000 by this year. ERM piloted in 2005 CORPORATE Business Risk Planning (CBRP) model Not fully implemented Based on COSO Adopted strategic plan The Way Ahead Strategic ERM Links to Strategic Plan
  • 3. 6 strategic objectives 3 key areas ERM Budgeting Performance measurement. 4 Selecting and Testing Tools and Framework The ways, takes into consideration 6 dimensions as we discussion prior. Implementation of the WAYS part of the overall strategic plan 5 Selecting and Testing Tools and Framework
  • 4. Pm 2 Score Risk score Card process diagram 5 steps determine Risk 6 Strategic Goals and Objectives Risks and Strategic Objectives ISO 31000 Risk Management
  • 5. ISO 31000 - Risk Management process chart Similar approach 9 PM2 versus ISO 31000 Proposed ERM Framework
  • 6. Lessons Learned Key success factors Senior management buy-in Culture of innovation Consistency of model across goals Resource requirements for department SMEs Department accountability for key risks Process of selecting and implementing framework Takes longer than expected No system is perfect Do not roll out all at once Clearly define all milestones and deliverables The Civil Right Act 1964 Title XI - Community Relations Service Completely banned the discriminations in the public places to maintain the communal relation services Hallmark of American Civil Rights movement
  • 7. People including all the societies have equal voting rights Safety of the people against biased action The Civil Right Act 1964 is the hallmark of American civil rights movement where it disclose the key facts about the discriminations and all the people in the society should treats equally without any biased attitude based on the personal characteristics of the people. Under this law, people have equal voting rights by completely removing the registration procedures and requirements for the safety of the people against biased actions towards minorities. This act also completely banned the discriminations in the public places in the interstate commerce and furthermore added several amendments to boost this act and give equal rights to all the citizens (Right, 2015), 1 Community relation services benefits the minority people Giving equal rights to all the people John F Kenny proposed this act Improve the social life for the minority people The Civil Right Act 1964 Title XI - Community Relations Service Moving forward with this act, it also applies in the workplaces where people faced discriminations because of personal characteristics and other social issues. This act completely banned the workplace discriminations and created equal opportunities to the people in the society which also leads to the better results to the organizations. After creating the equal employment opportunities in this act, most of the workplaces able to increase their productivity by
  • 8. hiring the skilled staff irrespective of their personal characterises. After this move many people got employment opportunities so that they can accomplish daily needs and made their lives more better in the society (Landsberg, 2015). 2 Removal of discriminations in the society Treat all the people equally Create positive culture in the society Principle of equal rights The Civil Right Act 1964 Title XI - Community Relations Service The Civil Right Act came into existence in the year 1964 with the primary intension to completely end up the discriminations in the society based on age, religious views, ethical beliefs, sexual orientation, nationality etc. The Civil Right Act 1964 is the most important law in the United States and even a single violation in the law leads to the greater issues and problems to the citizens of the country. This law mainly takes the civil rights into consideration and fight against the discriminations to give equal justice to the people in society without any further challenges which may leads unwanted incidents (Landsberg, 2015). 3 The Civil Right Act 1964 Title XI - Community Relations Service Equal employment opportunity Increased opportunity for the minority people No biased attitude based on personal characteristics Focus on balancing the social life
  • 9. Many people in the United States society celebrated the significance of Civil Right Act of 1964. The Civil Right act deeply affected the people of United States and made numerous changes in the existing policies laid down by the United States Government. The Civil Right Act 1964 made two major achievements passed by the congress which includes equal constitutional rights for the African Americans and other minorities in the society. These rights were guaranteed in the United States senate and constitutions so that no citizen in the country can violate the rights and do justice to their roles and responsibilities (Butera & Willey, 2014). 4 The Civil Right Act 1964 Title XI - Community Relations Service The Civil Right Act 1964 is the landmark of civil rights Treat all the people equally in the society Should not encourage any discriminations based on personal characteristics Positive move to maintain the social communal relation services The civil Right Act of 1964 is the landmark of civil rights where all the people in the society treats equally and should not encourage any discriminations either in the public places or in the workplaces based on their personal characteristics. This act was first proposed by the Congress President John Kennedy in June 1963 and faces huge challenges followed by this movement from the oppositions and other party people. Even after facing numerous challenges Kennedy did not take his move back and encouraged to pass this bill in the United States
  • 10. senate with the positive intension to completely ban the discriminations in the society (Landsberg, 2015). 5 Landsberg, B. (2015). Public Accommodations and the Civil Rights act of 1964: A surprising Success. Journal of Civil Rights, volume 100, Issue 5. Wright, G. (2015). The Regional Impact of the Civil Rights Act of 1964. International journal of civil right act. Butera, J. & Willey, E. (2014). The civil right act of 1964 at 50: Past, Present and Future. The academic journal article of civil rights. References