Impact of agency culture on enterprise risk management
Christine Jones, associate deputy assistant secretary for finance at the Department of Health and Human Services, discusses how agencies plan to adopt ERM within their missions, and some common misperceptions surrounding the strategy.
As experts help agencies implement enterprise risk management strategies, many organizations are unsure of where to deploy it within their mission. According to Christine Jones, associate deputy assistant secretary for finance at the Department of Health and Human Services, one of the biggest roadblocks to the adoption of ERM is the misperceptions around it.
“I think there’s a big misperception out there, because ERM is a relatively new federal requirement. When people think about new federal requirements or something new, they think they need to build something and do all of these things, they check the box and they comply, and they are done. Honestly, that couldn’t be further from the truth,” Jones said. “ERM is about good management and good government. It is not a one and done. It is really about building it as a capability. At HHS, that’s what we are looking at.”