- How to Avoid Litigation over Technical Violations of the Labor Code
- 9th Annual Wine Tasting, Networking, and Awards
- Anticipating the Next Construction Downturn
- Labor Law 2017
- Are You Making All the Money You Want?
- Graduate from Project Manager to Business Manager
- Enterprise Risk Management David Druml
- Silicon Valley Economic Update
- Quit Losing Money Over Poor Communication
- 5TH ANNUAL OKTOBEERFEST
- Hiring and Retention
- Key Performance Indicators
The Silicon Valley Chapter presents:
Enterprise Risk Management
it’s not just about insurable risks
David Druml, President
ERM is the process by which organizations measure, control and report on all the risks they encounter in their business dealings. It involves hazard, financial, strategic and operational risks. While you can buy insurance to cover your hazard risks, you must have a system that measures relevant risks and presents them to management. It is important that each company has a systematic method for identifying the risks that pose the greatest consequences and how to address those risks should they occur.
The challenge is to capture those strategic and operational risks when there is a lack of data, and difficulty in predicting the likelihood of a loss. The risk assessment process is not stagnant. Business risks increase and change as the operational environment changes and continually challenge solutions already implemented.
David Druml is the president of Direct Surety, which he started in 2011. He is also the president of Enterprise Risk Specialists since 2007. Previously he was the founder of the Druml Group that specialized in construction risk management services. Mr. Druml also teaches in the UC Berkeley Extension’s Construction Management Certification Program. Mr. Druml graduated from Marquette University where he attained a BS and a Master’s Degree in Civil Engineering.
- Are your objectives aligned with mitigating your biggest risks?
- What method will you use to focus on the Key Risk factors?
- Do you have reporting systems that address your strategic and operational risks?
- How much and what types of risks are acceptable for your business?
January 18, 2017 from 7:30 a.m. to 9:30 a.m.
Holiday Inn (408) 453-6200
1350 N. First St., San Jose
CFMA Members: $45
At the Door: $75