News•May 10, 2026
Alex Sidorenko Review of the New COSO ERM Guidance 2026
Alex Sidorenko hails the new COSO ERM Guidance 2026 as the most valuable COSO publication in years, noting its decision‑led framing and ten operating disciplines that prioritize decisions over paperwork, link strategy to risk, and treat value creation as a core outcome. While the guidance pushes risk management toward actionable, decision‑ready analysis, it retains legacy elements such as risk appetite and the five‑component framework, which Sidorenko critiques as outdated. The Practitioner Translation Guide offers concrete steps to replace compliance‑heavy artifacts with concise, action‑focused outputs, yet it stops short of prescribing quantitative uncertainty modeling or addressing political resistance. Overall, the guidance marks a significant shift toward embedding ERM in everyday business decisions.
