Each year, the ERM Award of Distinction is presented at RIMS ERM Conference and is judged by a panel of leading ERM practitioners and academics. The overall winner will be highlighted as a best practices case study in a RIMS executive report or featured in an article in Risk Management magazine.
Those interested in submitting a nomination are asked to share the value outcome realized for the organization through its risk practices in 500 words or less. Submissions are required to describe:
1. A situation and/or trend that the organization faced and explain how the ERM program was used to create and/or protect value for the organization. (300 words maximum)
2. The value outcome for the organization. (200 words maximum)
The following information about the risk management program can be included but is not required:
1. An overview of your ERM program. Submissions can attach an existing executive presentation or document, modified so that it can be shared. (300 words maximum)*
2. A specific example or internal testimony of the value ERM added that wouldn’t have been done otherwise. (200 words maximum)*
Last year’s winner of RIMS ERM Award of Distinction was Paychex. Goodwill Industries International received an Honorable Mention.