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A Framework for How ERM Should Talk With Company Leaders

Veteran ERM practitioner Karthick Dalawai explains that effective enterprise risk management hinges on how practitioners converse with business leaders, not merely on process compliance. He advocates a value‑based ERM model that emphasizes value creation, uses a balanced scorecard, and reframes risk language into business outcomes. The interview outlines a practical framework for asking challenging questions, limiting the term “risk,” and aligning risk insight with leadership objectives. Dalawai also stresses that soft skills are as critical as technical expertise for ERM professionals.