The rapidly changing regulations and laws governing the energy and utilities sector, demands an increased focus on risk in companies of all sizes. In today’s business environment, companies need to proactively protect their business operations and avoid risky situations. Companies have to establish sound business processes, to eliminate any vulnerabilities and risks resulting from loopholes in business functions and processes. They must also implement a robust and forward-looking Enterprise Risk Management (ERM) system.

ERM empowers companies to analyze risks through an official and reliable risk assessment. It provides a comprehensive mechanism to identify risk-prone areas, thus helping business leaders and the senior management implement the right business strategies, and set an appropriate risk appetite for the company. A proficient risk management system also enables companies to gather information from across the entire organization, as well as identify and protect susceptible areas from over-exposure to risk.

During this MetricStream webinar, industry expert Glenn Labhart, Partner at Labhart Risk Advisors Inc. and Chairman of the Energy Oversight Committee at the Global Association of Risk Professionals’ (GARP) Energy Risk Professional Program, will join Brenda Boultwood, Senior Vice President of Industry Solutions at MetricStream, to throw light on the methods and strategies of adopting an enterprise-wide risk management program within the energy and utilities sector.

Additional topics of discussion include:

  • Following best practices for governance in Enterprise Risk Management
  • Creating the right culture, processes and infrastructure for effective risk identification, measurement, mitigation, and monitoring
  • Adopting an integrated approach to risk management
  • Implementing a strategic risk management program
  • Identifying the required technology infrastructure for supporting an integrated ERM program

Attend the webinar
The webinar is scheduled to take place on Thursday, May 23, 2013 at 11:00 am Eastern Time. To register, and to learn more about the webinar and speakers, please click here.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

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