of respondents indicated that their organizations have defined risk appetite statements
updated their risk appetite statement in the past three years
believe technology will generate risks to their agencies
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 2022's report.
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.
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.
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.
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