Gartner Research

3 Ways ERM can Become an Engine for Innovation

Published: 04 February 2019

ID: G00430458

Analyst(s): Enterprise Risk Management Research Team

Summary

Risk management’s business partners often see it as an obstacle to innovation — but it doesn’t have to be. In fact, ERM can — and should — drive new products and services by leveraging tools already at its disposal, using trend sensing, risk monitoring and its influence on company culture.

Table Of Contents

Use Trend Sensing to Spot Opportunities

Test the R&D Portfolio for Red Flags

Table 1: Ways to Overcome Innovation Management Breakdown

Influence Company Culture by Promoting Innovation

Recommended by the Authors

Endnote

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