Douglas W. Hubbard, author of ‘The Failure of Risk Management: Why It’s Broken and How to Fix It,’ and Nir Kossovsky, author of ‘Reputation, Stock Price, and You,’ to serve as keynotes for two-day virtual event

PHILADELPHIA, Nov. 13, 2020 — It’s impossible for any business or organization to predict with 100% accuracy when a disaster or crisis may strike. It is, however, possible to plan for the unexpected, and one of the best ways to do that is with a sound enterprise risk management (ERM) strategy.

“If you’re going to be a successful company today, you really need to be proactive with regard to ERM,” says M. Michael Zuckerman, an associate professor of risk, insurance, and healthcare management at Temple University. “In the past, it was OK for companies to manage risk by just purchasing insurance, but today, risk is present in cybersecurity, supply chain, climate change, human capital, data analytics and more. This all has been exacerbated by COVID-19, as well. That’s why an ERM plan is so key.”

Temple’s Fox School of Business welcomes industry leaders, educators, practitioners and students to the “2020 Enterprise Risk Management Conference: ERM in an Age of Uncertainty and Disruption,” which will be held in a virtual format on Thursday, Nov. 19, and Thursday, Dec. 3, from 8:30 a.m. to noon each day. The conference will focus on ERM implementation and operation, while offering a deeper look at reputational risk management and the role of environment, social and governance (ESG) principles in managing risk.

The conference is free and open to the public. Guests can register by visiting the ERM Conference website.

“While this year’s conference has a special focus on ESG principles, there will be key takeaways for any organization—small or large, profit nonprofit, public or private,” says Zuckerman, the organizer of this year’s event. “If you do not already have an ERM program, this is a great opportunity to launch one or if you do have one, this conference will really help you enhance it.”

The conference features two keynote speakers. The keynote for Nov. 19 is Douglas W. Hubbard, president of Hubbard Decision Research and author of “The Failure of Risk Management: Why It’s Broken and How to Fix It.” Hubbard has completed more than 100 risk/return analyses of large, critical projects, investments and other management decisions. His books have also sold more than 100,000 copies in eight different languages.

The keynote for Dec. 3 is Nir Kossovsky, MD, CEO and co-founder of Steel City Re. Kossovsky is an authority on business process risk and reputational value and author of “Reputation, Stock Price, and You – Why the Market Rewards Some Companies and Punishes Others.”

Speakers also include strategic and enterprise risk management experts from the following organizations:

• Centene Corporation
• Temple University Office of Ethics and Compliance
• AmerisourceBergen Corporation
• Wawa Inc.
• Temple University – Beasley Law School and Center for Compliance and Ethics
• Humana
• Spencer Educational Foundation

Visit the Fox School’s website for more information on the conference, which has been organized with support from the Spencer Educational Foundation, the Deleware Valley Risk and Insurance Management Society and Hubbard Decision Research.

About the Fox School of Business

The vision of Temple University’s Fox School of Business is to transform student lives, develop leaders, and impact our local and global communities through excellence and innovation in education and research.

The Fox School’s research institutes and centers as well as 200+ full-time faculty provide access to market-leading technologies and foster a collaborative and creative learning environment that offers more than curriculum—it offers an experience. Coupled with its leading student services, the Fox School ensures that its graduates are fully prepared to enter the job market.

The flexibility and responsiveness of our knowledge-creating research faculty allow the school to address the needs of industry and generate courses and programs in emerging fields. As a leader in business research, the Fox School values interdisciplinary approaches and translational research that influence and impact real-world problems. Our research informs an adaptive curriculum, supports innovation in teaching and prepares students for the ever-changing business environment.