Enterprise Risk Management Conference:

Transcription

1 The 2006 Enterprise Risk Management Conference: Unleashing the Value of ERM Sponsored by: Optional Pre-Conference Workshops: October 23, 2006 November 8, 2006 Conference: October 24-25, 2006 November 9-10, 2006 Marriott Financial Center Coronado Island Marriott New York, NY San Diego, CA Topics of Discussion: The State of ERM Today From Risk Management to Risk Strategy Facing the External Factors Low Probability/High Impact Risks Getting Enough from your Risk Assessment Process Quantifying and Aggregating Risks Root Cause Analysis Risk Appetite Implementation Challenges Integration Applications The Value Proposition

2 About The Conference Board The Conference Board is the world s leading business membership organization, with a global network of nearly 2000 enterprises in 61 countries. The Conference Board creates and disseminates knowledge about management and the marketplace to help businesses strengthen their performance and better serve society. Working as a global, independent membership organization in the public interest, we conduct research, convene conferences, make forecasts, assess trends, publish information and analysis, and bring executives together to learn from one another. The Conference Board is a not-for-profit organization and holds 501(c)(3) tax-exempt status in the United States. Why Our Meetings Are Different The Conference Board provides senior executives from major organizations around the world with opportunities to share practical business experience. This focus on actual experience, not theory, and a superior level of peer networking are the distinguishing features of our meetings. The Conference Board s meetings are rated as one of America s leading speaking platforms for top management. More than 150 CEOs address the more than 12,000 meeting participants each year. The Conference Board 845 Third Avenue New York, NY Tel: Fax: The Conference Board and the torch logo are registered trademarks of The Conference Board, Inc.

3 Dear Colleague: Enterprise Risk Management is here to stay. It is no longer considered a flavor of the month, but an integral part of how companies successfully operate and compete in the world today. When done correctly, ERM is how you conduct business, not a bolt-on process. Join executives and ERM experts to hear about the latest trends and how to weave ERM into your company s culture at The Conference Board s 2006 Enterprise Risk Management Conference on October in New York or November 8-10 in San Diego. We will address topics including: Risk Assessment Root Cause Analysis Quantitative Tools Implementation Challenges Use of ERM in Mergers and Acquisitions Understanding your Risk Appetite External Risk Factors Low Probability/High Impact Risks The Value of ERM With increased interest from your directors, regulators and senior leadership, ERM has become a widely accepted approach to thoughtfully consider risk-reward trade-offs. Join us in New York or San Diego to hear more about the latest state of ERM and how to help jump-start your company in this area. Sincerely, Ellen S. Hexter, CFA Conference Program Director The Conference Board

4 Optional Pre-Conference Workshops Monday, October 23, 2006 New York Wednesday, November 8, 2006 San Diego Registration: 12:30-1 pm Beyond Assessment to Sustainable Value Workshop A: 1-5 pm In this workshop, we will walk through the foundational phases of ERM and provide practical, how-to methods for building ERM in your company. We will examine risk assessment processes, how to evaluate and prioritize risks, the fundamentals of root cause analysis, and some tools such as risk mapping to help drive the conversation on risk management at your company. We will hear how to develop action plans and how companies create effective risk reporting protocols. Craig Faris (New York & San Diego) Director Mercer Oliver Wyman Chris McCarthy (New York & San Diego) Director Mercer Oliver Wyman Advanced Quantification Techniques and Metrics Workshop B: 1-5 pm As your company works to uncap the value of its enterprise risk management efforts, having the right quantitative tools to measure risks and their potential impact can become a difficult task. We will learn some quantitative approaches to effectively assess the risk return tradeoffs of decisions, including capital allocation. Mark Robson (New York & San Diego) Director Mercer Oliver Wyman William F. Spinard (New York & San Diego) Director Mercer Oliver Wyman To register today, call Customer Service at

5 Tuesday, October 24, 2006 New York Thursday, November 9, 2006 San Diego Registration and Continental Breakfast: 8-9 am The State of ERM Today Welcome and Introduction: 9-9:15 am From Risk Management to Risk Strategy General Session A: 9:15-10 am Where is the marketplace in its adoption of enterprise risk management? How has the needle moved in the two years since The Conference Board and Mercer Oliver Wyman last surveyed the market? We will look at practices that have been readily adopted and advanced practices that companies struggle to implement, and why. We will also learn what has driven some companies to successfully move beyond the assessment phase to a more proactive, integrated approach to risk and strategy management. Michael J. Chagares (New York & San Diego) Director Mercer Oliver Wyman Ellen S. Hexter (New York & San Diego) Director, Integrated Risk Management Center The Conference Board Facing the External Factors General Session B: am A panel of experts will discuss the external risk factors beyond your company s control that you must be able to anticipate and meet. We will look at the legal and regulatory environment, rating agency efforts and economic expectations that your firm must proactively face. Jeremy Dickens (New York) Partner Weil, Gotshal & Manges LLP Register Online

6 Kent Harvey (New York & San Diego) Senior Vice President, Chief Risk and Audit Officer Pacific Gas and Electric Company Ken Goldstein (New York & San Diego) Economist The Conference Board Prodyot Samanta (New York) Director, Enterprise Risk Management Standard and Poor s Networking Break: 11-11:30 am Low Probability/High Impact Risks General Session C: 11:30 am - 12:30 pm It is nearly impossible to predict what catastrophic event may occur but companies need to plan for this kind of eventuality in order to ensure business continuity. Avian flu is the force majeur of the moment, but the threat of change, government actions or man-made disasters, for example, can all have a severe impact on your ability to do business. ERM tools can and should be at the forefront of how to anticipate, analyze and plan for a low probability/high impact event. Emily Andrew (New York & San Diego) Acting Chief Privacy Officer United States Postal Service Rob Currie (San Diego) Director, Environmental Engineering Baxter Health Care Corporation Jenni Cawein (New York) Senior Manager, Corporate EHS Engineering Baxter International Carol Fox (New York) Senior Director, Risk Management Convergys Corporation Zoe Strickland (New York) Chief Privacy Officer United States Postal Service To register today, call Customer Service at

7 Luncheon: 12:30-1:45 pm Concurrent Sessions D1 & D2: 2-3 pm (Choose One) Track 1: Building the Foundation Getting Enough from your Risk Assessment Process Concurrent Session D1: 2-3 pm In this session, companies will discuss how they have implemented the risk assessment phase. How do companies evaluate their risks in order to understand how to manage these risks? What are the most effective tools and techniques to assess and evaluate risks across the corporation? Joanne Berkowitz (New York) Executive Vice President Chief Enterprise Risk Officer The PMI Group, Inc. Tom Harris (San Diego) Director Risk Finance and Insurance Tyson Foods, Inc. Tara Skinner (New York & San Diego) Executive Vice President and Chief Risk Officer The South Financial Group, Inc. Track 2: Tools for a Sustainable Process Quantifying and Aggregating Risks Concurrent Session D2: 2-3 pm If what gets measured gets managed, then metrics are a key component of risk management. Companies are striving to find the right kinds of quantitative approaches to aggregate risks and to determine the right quantitative analytical tools. We will hear about several useful quantitative techniques. George Redenbaugh (San Diego) Director of Enterprise Risk Management ebay, Inc. Larry Warner (New York) Enterprise Risk Manager Mars, Inc. Register Online

8 Refreshment Break: 3-3:15 pm Concurrent Sessions E1 & E2: 3:15-4:15 pm (Choose One) Track 1: Building the Foundation Root Cause Analysis Concurrent Session E1: 3:15-4:15 pm Speakers will address how they have identified root causes for their risk exposures and how this analysis has led to better risk management. Once risks are identified and prioritized, further analysis is often required. In this session, speakers will address how they identify root causes and common drivers for risk exposures. Christopher Carey (New York) Director, Business Risk Management Bristol-Myers Squibb Laura Langone (San Diego) Director of Risk Management Genentech, Inc. Yorck Schmidt (New York) General Director General Motors Corporation Track 2: Tools for a Sustainable Process Risk Appetite Concurrent Session E2: 3:15-4:15 pm Risk appetite or risk tolerance levels have become a hot topic of discussion but most executives do not know how to begin to define the company s risk appetite. Most risk-based decisions have been made on a gut-feel level. Now, with the rigors of ERM, well-defined risk tolerance levels help to drive rigor around decision-making processes. Thomas-Olivier Leautier (New York) Director, Risk Measurement Alcan, Inc. To register today, call Customer Service at

9 Spencer Schwartz (San Diego) Business Financial Manager and Head of Enterprise Risk Management Mastercard, Inc. Town Hall General Session F: 4:15-5:15 pm This session will bring all the speakers together to answer questions that haven t been addressed thus far. We will ask our speakers to address some of the critical issues they have faced and how they have found the right solutions to address those issues. Networking Cocktail Reception: 5:15-6:15 pm Hosted by: Wednesday, October 25, 2006 New York Friday, November 10, 2006 San Diego Continental Breakfast: 8-8:30 am Implementation Challenges General Session G: 8:30-9:45 am Conference participants will divide into industry-defined groups to discuss industry-specific implementation challenges in small group settings. What are some common approaches to ERM within your industry? This time will allow for a more tailored networking opportunity with your industry peers. Networking Refreshment Break: 9:45-10:15 am Register Online

10 Integration Applications General Session H: 10:15-11:15 am How is ERM helping corporate performance? We will look at ERM s integration into key processes and business activities, including mergers and acquisitions, resource allocation, budgeting and new product development. Kasey D. Reese (San Diego) Vice-President, Risk Management and Chief Auditor TELUS Corporation Thomas Thomas (New York) Treasurer Genentech, Inc. The Value Proposition General Session I: 11:15 am - 12:15 pm In the end, all of the risk management work is meaningful only if it delivers value. We will hear from an executive about the importance of an enterprise risk management program, how it has created value, and how long it takes to realize that value. Christina S. Kite (New York & San Diego) Senior Director, Global Risk Management Cisco Systems, Inc. Joel Schmidt (San Diego) Chief Audit and Risk Officer Alliant Energy Corporation Wrap-Up and Conclusions: 12:15-12:30 pm Adjournment: 12:30 pm To register today, call Customer Service at

11 Registration Information Enterprise Risk Management Conference: Unleashing the Value of ERM Online By Phone Call Customer Service at am to 6 pm ET Monday through Friday By Fax By Mail Complete the registration form and fax to: Complete the registration form and mail to: The Conference Board, Inc. P.O. Box 4026, Church Street Station New York, NY Cancellation Policy Full refund until three weeks before the meeting. $250 administration fee up to two weeks before the meeting. No refund later than two weeks before the meeting. Confirmed registrants who fail to attend and do not cancel prior to the meeting will be charged the entire registration fee. Team Discounts per person For a team of two or more registering from the same company at the same time, take another $100 off each person s registration. Hotel Accommodations Fees do not include hotel accommodations. For reservations, contact the hotel directly no later than the cut-off date and mention The Conference Board s Enterprise Risk Management Conference. Marriott Financial Center Coronado Island Marriott 85 West Street 2000 Second Street New York, NY Coronado, CA Tel: Tel: Fax: Fax: Hotel Reservations Cut-off Date: Hotel Reservations Cut-off Date: Friday, September 29, 2006 Tuesday, October 17, 2006 Unconditional Guarantee For more than 80 years, The Conference Board has been providing senior executives worldwide with opportunities to share practical business experience. If for any reason you are not satisfied with this conference, please let us know. We will immediately credit your attendance to another conference of your choice, or, if you prefer, promptly refund 100% of your registration fee.

12 Registration Form Enterprise Risk Management Conference: Unleashing the Value of ERM Pre-Conference Workshops A & B: October 23, 2006 November 8, 2006 Conference: October 24-25, 2006 November 9-10, 2006 Marriott Financial Center Coronado Island Marriott New York, NY San Diego, CA Please type or attach a business card; for additional registrants, duplicate this form. Name Title Functional Area Company Address City State Zip Telephone ( ) Fax ( ) Please select your preferred Concurrent Sessions. Tuesday, October 24, 2006 New York Thursday, November 9, 2006 San Diego D1 or D2 choose one E1 or E2 choose one Pre-Conference Workshops (Choose One) Workshop A: Beyond Assessment to Sustainable Value New York ( ) San Diego ( ) Workshop B: Advanced Quantification Techniques and Metrics New York ( ) San Diego ( ) Conference Board Associates $495 Non-Associates $595 Conference New York ( ) San Diego ( ) Conference Board Associates $1,995 Non-Associates $2,295 Payment Check payable to The Conference Board for $. Charge to my: American Express Discover MasterCard Visa Acct. No. Exp. Date Signature Date Please send me more information on Conference Board events. Agenda Code Program subject to change September 2006