John Bugalla's Publications

• How a New SEC Rule Changed the Way Companies Look at Risk Management

  • Risk Management
  • January 2011
  Authors: John Bugalla, Carol Fox, Janice C. Hackett, Kenneth McGuiness

  An SEC rule prioritizes the disclosure of risk management policies 
  will forever alter ERM's relationship to business strategy.

• Audit Committees Monitor Control Functions, RIsk Committees Provide Oversight of a Strategic Function

  • BOARDMEMBER.COM
  • November 16, 2010
  Authors: John Bugalla, Janice C. Hackett, Mary Lynn McPherson, Kristina Narvaez

• Putting Board Risk Committees to Work

  • The Corporate Board
  • November 2010
  Authors: John Bugalla, Janice C. Hackett, James Kallman, Kristina Narvaez

  Despite all of the new regulatory, legal and investor demands that boards give better oversight to risk, any effort is doomed to fail without 
  an efective board-level risk oversight mechanism.

• How a New SEC Rule Changed the Way Companies Look at Risk Management

  • National Law Review
  • March 4, 2011
  Authors: John Bugalla

  National Law Review received permission from RIMS to republish 
  original article

• An Evolving Model for Board Risk Governance

  • RIMS Executive Report
  • 2011
  Authors: John Bugalla, Carol Fox and Kristina Narvaez

• Public Sector ERM: Governance and the Strategic Triangle

  • PERI Symposium: Adding Depth to Your Strategic Risk Management
  • June 2011
  Authors: John Bugalla

• ERM at the Vancouver Winter Olympics

  • Risk Management Magazine
  • April 2011
  Authors: John Bugalla, Janice Hackett, Kristina Narvaez

• ERM and Project Management

  • Risk Management
  • November 1, 2011
  Authors: John Bugalla, Kristina Narvaez

  ERM philosophy applied on a smaller scale.

• Remove The Banana Peel

  • Credit Union Management
  • June 1, 2010
  Authors: John Bugalla, Janice C. Hackett

  ERM for Credit Unions

• Climbing the ERM Tree

  • National Law Review
  • May 2010
  Authors: John Bugalla, Corey Gooch, Barry Franklin

  Metaphorically ERM should be thought of as an entire tree not just a branch on the tree

• The Upside of Risk

  • Risk Management
  • March 1, 2009
  Authors: John Bugalla, Dan Kugler

  Risk has an upside that can be utilized to create value

• Enterprise Risk Management - Is It For You?

  • Treasury Management International
  • January 1, 2000
  Authors: John Bugalla

  United Grain Growers (UGG) utilized ERM to create new measurable value for their stockholders

• ERM: Concepts and Realities at Credit Unions

  • CUES, Center for Credit Union Board Excellence
  • March 1, 2012
  Authors: John Bugalla, Janice Hackett

• Risk Management Critical for Emerging Nano Companies

  • Small Times
  • August 2004
  Authors: John Bugalla

• Where's The Value, Teaching ERM to and expanded and varied audience of practitioners

  • The Journal Of Risk Education, Volume 3, Number 1
  • 2007
  Authors: John Bugalla

• Best Practice Risk Committees

  • The Corporate Board
  • May 2012
  Authors: John Bugalla, James Kallman, Chris Mandel, Kristina Narvaez

  Regulatory reforms have long tended to reshape boards of directors, and changes over the past decade have been no exception. The concept of a dedicated, board-level :risk committee" has become a mandated reality at many financial-related firms. Now, the value of a risk committee is becoming more attractive across the corporate spectrum.

• The new model of governance and risk management for financial institutions

  • Journal of Risk Management in Financial Institutions
  • March 2012
  Authors: John Bugalla, James Kallman, Steve Lindo, Kristina Narvaez

  Abstract The paper proposes a new model of governance and risk management consisting of four components: (i) board oversight responsibilities. (ii) board level risk committee, (iii) an executive risk committee and (iv) an individual with responsibility for overall risk management. Some companies are subject to the Dodd-Frank Act and are forming a stand-alone risk committee; other companies still...more

• Where Are You on the Management Career Path?

  • Risk Management magazine
  • June 2012
  Authors: John Bugalla, Dr. James Kallman

  As ERM becomes a more widely adopted best practice, it is essential that risk professionals make a serious evaluation of their career paths to make sure they are keeping up with expanding demands of their profession. By determining where they are on their career S-curves, they will have a better idea of their professional brand, how it matches up with their career goals and what, if any, changes...more

• The University of California ERM Program Reduces the Cost of Risk & Borrowing

  • Government Finance Review
  • June 2012
  Authors: John Bugalla, Kristina Narvaez

  By identifying and analyzing the full cost of risk, the University of California's Department of Risk Management was able to develop strategic plans for reducing costs and freeing up resources

• Managing Risk Must Include Taking Them

  • CFO
  • August 7, 2012
  Authors: John Bugalla, Kristina Narvaez

  EnterpriseRM and GRC are not interchangeable. Why? The reasons lie at the core of the practice of risk management
  

• Bottom-Up Is Bad for Risk Management

  • CFO
  • August 2012
  Authors: John Bugalla, Dr. James Kallman, Joseph Milan, Kristina Narvaez

  Steering enterprise risk management programs from the the top makes more sense because it can provide a better fit with a company's strategic objectives.

• Why U.S. Risk Managers Should Take a Hint from the Rest of the World

  • CFO
  • August 29, 2012
  Authors: John Bugalla, Kristina Narvaez, James Kallman

  Let's face it: the ISO enterprise risk framework used by most companies outside the United States is edging out the US-favored COSO framework. Is there any point in clinging to the latter?

• ERM Storyboarding

  • Risk Management
  • October 2012
  Authors: John Bugalla, Kenneth McGuinness, ARe

  Strategic Communications is critical to the on going success of an ERM program. It requires support from an organizations leadership - how do obtain that support?
  

• Risk Management, Internal Audit Should Kiss and Make Up

  • CFO
  Authors: John Bugalla, Kristina Narvaez

  Collaboration of risk-management and internal audit functions is helping organizations improve efficiency, decision-making, and results.

• MF Global: Anatomy of a Risk Management Breakdown

  • CFO
  • November 2012
  Authors: John Bugalla, Dr. James Kallman

  A disconnect between the chief risk officer and the board and the failure of of CEO Jon Corzine to heed the CRO's advice revealed the weakness of MF Global's risk-management policies.

• ERM at S. Clause, Inc

  • Risk Management MONITOR
  • December 2012
  Authors: John Bugalla

  The CEO of a global organization utilizes ERM to create value.

• How Much Can Your Company Afford to Lose

  • CFO
  • January 2013
  Authors: John Bugalla, James Kallman

• How to Map Your Risks

  • CFO
  • February 14, 2013
  Authors: John Bugalla, James Kallman, Phd.

  Traditional risk heat maps focus only on the downside of risk. But CFOs and CROs need to be able to visualize the opportunities for creating value that exists by taking risks.

• Lesson of a Ponzi Scheme: Know Your Customer

  • CFO.com
  • October 14, 2013
  Authors: John Bugalla, Kristina Narvaez

  New customers are a good thing, but they also bring risks along with opportunity