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For the ninth consecutive year, the Association for Federal Enterprise Risk Management (AFERM) and Guidehouse have collaborated to conduct a survey of Federal government leaders and staff to gather insights into the current state of Enterprise Risk Management (ERM) in their organizations.

In this year’s survey, we continue to see Federal agencies exhibiting overall ERM performance levels reflective of an emerging capability – and expanding incremental positive trends related to effectiveness, integration, culture, and risk appetite – that were noted in last year's report.

 

Download 2023 Survey Results


Notable Findings

  • 54%

    Indicated their organizations have defined risk appetite statements
  • Over 90%

    Updated their risk appetite statement in the past three years
  • 85%

    Believe technology will generate risks to their agencies

Past Survey Results 

2022 ERM Survey Results link-arrow

In this year’s survey, we continue to see Federal agencies exhibiting overall ERM performance levels reflective of an emerging capability – and explaining incremental positive trends related to effectiveness, integration, culture, and risk appetite.

2021 ERM Survey Results link-arrow

In this year’s survey, we see the continuation of many positive trends related to the effectiveness and adoption of ERM practices noted in last year’s report. However, in some areas the positive trends we saw last year either levelled-off or slightly reversed. 

2020 ERM Survey Results link-arrow

The sixth year’s survey results highlight characteristics that impact the effectiveness of ERM. ERM continues to exhibit performance levels that are still reflective of an emerging capability, although incremental positive trends are evident across most of the areas measured in the survey.   

2019 ERM Survey Results link-arrow

This year’s survey expanded on the number of demographic categories that were incorporated, to further identify those organizational characteristics that demonstrate the highest correlation to the establishment of robust and effective ERM programs in the Federal government.

2018 ERM Survey Results link-arrow

The overall results for this year’s survey demonstrated limited capability maturity in many areas of Federal ERM. Many of the same structural and cultural barriers continue, limiting the generation of organizational benefits. One exception to this trend continues to be seen in the improved outcomes for organizations which have had an ERM program in place for three or more years.

2017 ERM Survey Results link-arrow

For the third consecutive year, the survey continues to demonstrate the year-over-year trend of new ERM programs coming into existence across the Federal government, many of which still exhibit capabilities that are predominately in the early stages of development, particularly with respect to the cultural and leadership aspects of effective ERM.

2016 ERM Survey Results link-arrow

The second annual survey illustrates a dynamic year due to the addition of requirements for Executive Branch agencies to implement ERM programs. This change has brought both opportunities and challenges to Federal agencies, as organizations determine how to chart their path to not only comply with the new requirements but also to achieve real value of adopting ERM.

2015 ERM Survey Results link-arrow

In this year’s inaugural survey, Federal risk leaders indicate that effective risk management is a necessity and that ERM is widely recognized as a growing best practice in the Federal government. Leaders across the government anticipate that the number of resources deployed in support of ERM will increase in both the near-term and the foreseeable future.


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