Published: 02 May 2023
The first 100 days for a head of enterprise risk management are critical to building a foundation for long-term success. Heads of ERM should focus on clarifying ERM’s mandate, building relationships and understanding the function’s current maturity to effectively transition into their role.
Many ERM programs fail to clearly define mandate and stakeholder expectations, leading to uncertainty on ERM’s role and contributions.
Failing to understand the function’s capacity and capabilities challenges new heads of ERM when prioritizing and diminishes the value ERM can provide the organization.
Neglecting to establish credibility on key organizational objectives diminishes executive confidence in ERM and team morale.
Lack of internal insight prevents the function from expanding its value to the enterprise.
To ensure success in the first 100 days, heads of ERM should:
Connect with stakeholders throughout the organization to clarify the function mandate and learnabout ERM’s core
Clients can log in to view the entire document.
Analysts:
Enterprise Risk Management Research Team
Gartner research, which includes in-depth proprietary studies, peer and industry best practices, trend analysis and quantitative modeling, enables us to offer innovative approaches that can help you drive stronger, more sustainable business performance.
Our independence as a research firm enables our experts to provide unbiased advice you can trust.
Not only is Gartner research unbiased, it also contains key take-aways and recommendations for impactful next steps.
Our research practices and procedures distill large volumes of data into clear, precise recommendations.
We provide actionable, objective insight to help organizations make smarter, faster decisions to stay ahead of disruption and accelerate growth.
We offer one-on-one guidance tailored to your mission-critical priorities.
We work with you to select the best-fit providers and tools, so you avoid the costly repercussions of a poor decision.
Connect directly with peers to discuss common issues and initiatives and accelerate, validate and solidify your strategy.
Gartner clients can log in to access the full library.
Join your peers for the unveiling of the latest insights at Gartner conferences.
©2022 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.
