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Manage emergencies in 4 phases through ERM

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Manage emergencies in 4 phases through ERM Managing emergencies — especially in light of increasing speed and severity of disasters — is more effective when integrated with enterprise risk management (ERM) practices.

The forward-looking aspect of ERM helps leaders gain more informed decision-making, identification of threats and greater awareness of previously unrecognized opportunities to improve government operations. Through integrating ERM into emergency management, agencies can plan and implement prevention strategies, and reduce impacts of such events as storms, wildfires, droughts and cyberattacks. The value to communities and taxpayers can be significant. Consider the fact that in 2017, weather and climate disasters alone cost 362 lives and $306 billion.

Integration offers the practical benefits of a holistic approach. An example is maximum access to a wide range of resources through collaboration across federal, state, local and private sector organizations.

Key to the integration are seven elements of ERM:

  1. Establish the context
  2. Initial risk identification
  3. Analyze and evaluate risk
  4. Develop alternatives
  5. Respond to risk
  6. Monitoring and review
  7. Continuous risk identification

These primary ERM elements support the four phases of emergency management:

  • Mitigation
  • Preparedness
  • Response
  • Recovery

For more about each of the key ERM elements and how together they address the four phases of emergency management, download “Leveraging enterprise risk management in the four phases of emergency management” In Public Risk, a publication of the Public Risk Management Association.

Contacts:

Wendy Morton-Huddleston Wendy Morton-Huddleston
Principal, Public Sector Advisory
T +1 703 637 2853


Bobbi-Jo Pankaj Bobbi-Jo Pankaj
Managing Director, Public Sector Advisory
T +1 703 637 2915