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Podcast: Public Risk Management
Episode:

Leveraging Enterprise Risk Management As A Crisis Response Tool - A COVID Story
Category: Government & Organizations
Duration: 00:10:10
Publish Date: 2022-05-05 02:53:58
Description: Christine Packard, the Director of Enterprise Risk Management at the University of Massachusetts talks about Leveraging Enterprise Risk Management as a Crisis Response Tool, applied to the specific instance of COVID 19. With two decades of experience in crisis response prior to working at the University of Massachusetts, she has in-depth expertise on managing crisis. Christine shares how the foundation of effective crisis response is built upon the collaboration upon existing networks of different disciplines. She details how the structure supports effective crisis response through consistent meetings of stakeholders; which builds partnership and awareness of each other's respective positions, as well as improved health and safety measures. enrollment, staffing, and finance. An ongoing sharing of information allows comprehensive mitigation strategies and keeps the board of trustees informed. Christine shares how they Operationalized ERM for crisis response, using COVID 19 as an example. She explains how Leadership is a fundamental component and the importance for communication and in the case of COVID 19 it meant providing daily updates to provide situational awareness. Lastly, she informs how the crisis strengthened the ERM Program and brought about updated risk assessment and mitigation tools, as well as more developed relationships and network.
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