Application of Enterprise Risk Management at Airports (2012) / Chapter Skim
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Pages 50-52
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50 S e c t i o n 7 7.1 Evaluating the Success of ERM Performance To ensure that the ERM framework continues to be relevant, continuous improvement is essential. Continuous improvement should focus on the ERM strategy and process as well as ERM skills and understanding across the airport.
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continuous improvement and Sustainability 51 Lesson Comments 1. Put someone in charge w ho has credibilit y and clout ▪ Developing and implementing ERM requires a significant investment of time and resources.
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From page 52... ...
52 Application of enterprise Risk Management at Airports Lesson Comments 9. Make reports simple and easy to understand ▪ Less is more; the marginal value of additional detail declines steeply ▪ Validate the format and content of reports w i th the people who w ill use them and customize them for their audience ▪ Deliver information electronically w henever possible ▪ Align risk reports to other business reports whenever possible 10.
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