Bridging the Gap: Mastering Enterprise Risk Management

by Tracy Yates

In today's fast-paced and ever-changing business landscape, organizations face a constant bridging the gap between their strategic vision and successful execution. It's a daunting task, riddled with uncertainties and risks that can potentially derail even the most well-crafted strategies. Imagine a scenario where a company meticulously outlines its goals, formulates an ambitious strategy, and sets its sights on reaching new heights of success. However, as the execution phase begins, unforeseen obstacles emerge, threatening to undermine their efforts and jeopardize the realization of their strategic objectives. This is the perplexing chasm between strategy and execution, aptly called "The Gap." But fear not, for within the realm of Enterprise Risk Management (ERM) lies the solution to this formidable challenge. ERM is the process that empowers organizations to proactively identify, assess, and mitigate the potential events that may impede their progress. It provides a systematic approach to managing risk, reducing uncertainty, and ultimately building a sturdy bridge between strategy and execution. In this thought-provoking book, we delve into the heart of ERM and unravel its complexities, demystifying the process and making it accessible to all. By shedding light on the critical elements of ERM, we equip readers with the knowledge and tools necessary to navigate The Gap successfully. So, embark on this enlightening journey with us as we explore how ERM can transform your organization's risk landscape and elevate your chances of achieving your objectives. Chapter by chapter, we'll delve into the intricacies of ERM, exploring its definition, its pivotal role in strategy setting, and its application across the entire enterprise. We'll uncover the dual nature of risks, distinguishing between internal threats that arise from within the organization and external forces that lie beyond its control. Most importantly, we'll reveal how ERM empowers you to identify, manage, and ultimately minimize these risks, ensuring that your corporate strategy stays firmly on track. In a world where uncertainties lurk around every corner, understanding and implementing ERM can be the differentiating factor that propels your organization ahead of the competition. Join us on this transformative journey, where we simplify the complexities of ERM, demystify risk management, and equip you with the tools to conquer The Gap. Together, let's bridge the divide and unlock the full potential of your organization.

35 pages, Paperback

Published October 4, 2023

About the author

Tracy Yates, a veteran high school teacher, mentor and researcher, is the go-to person for thousands of students that have confided in her over the last 14 years. She's on the front lines of the daily battle to tame the chaos, talking to teens on their turf in their language. She's the big guns teens call on because she acknowledges that they know what's up in the world, that they can handle their own business and she never freaks out. Often times, these girls already know the answers to the most difficult questions, they just need the encouragement to act on their instincts. That's what they receive from Tracy Yates.

With the spirit of a 17 year old teen and the wisdom of a woman who has made plenty of mistakes, Tracy Yates, with 14 years of high school teaching experience, has spent the last 10 teaching nearly all girls. Her entire career encompasses talking to high school students about life in high school.

A former teenager herself, Yates weathered an awkward high school experience replete with stupid mistakes, hilarious stories and plenty of heartbreak.

Additionally, she...

was awarded the prestigious Univ. of California Presidential Grant to further her research in the effectiveness of homework (it isn't in most cases)

serves as a mentor to struggling students and was a part of the founding administrative leadership the school at which she currently teaches.

is a mentor in the Mentor Program at her current school.

Her educational background includes degrees in University of California at San Diego, Dartmouth College, California State University, San Marcos, National University, American Academy of Dramatic Arts

She is currently pursuing her second Masters in Marriage and Family Therapy