Enterprise Risk Management (ERM) has gained "critical mass" acceptance, making it clear that the risk management discipline and the role of the risk professional has become a valued part of corporate culture and business practices. Value clearly is demonstrated by the 2013 ERM Award of Distinction and Honorable Mention winners. RIMS presented its 2013 ERM Award of Distinction to Harley-Davidson, Inc. (NYSE:HOG) for its success in implementing ERM and in creating a risk-aware culture throughout its organization.
The award, presented at the RIMS ERM Conference 2013 in San Francisco, recognizes Harley-Davidson for its forward-looking ERM program. Starting with a systematic risk management framework, the program has continuously improved over time to integrate ERM into strategic planning and business processes. Harley-Davidson exhibits a results-driven, structured risk management capability that regularly identifies and manages risks as part of its normal business practices.
"We are honored to receive the ERM Award of Distinction," said Rob Gould, Harley-Davidson director of internal audit. "Through our drive for continuous improvement in Harley-Davidson's risk management strategies and processes, we can better anticipate and mitigate potential risks and ultimately, better serve our customers."
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