We expanded the cope and increased drill-down in some areas for our second industry-wide survey. Thirty-one companies completed the survey by mid 2017 and we are developing the results analysis now...
Our 2017 survey and its results have several distinct advantages.
These advantages laud the CCRO survey leadership team as visionary:
Our survey is sharply focused on energy risk management, particularly, energy commodity organizations. This “energy industry only” focus allows much more relevant conclusions than possible with typical best practice recommendations that aggregate energy, with financial services and other industries.
The survey content was developed by Chief Risk Officers and other risk management professionals in the CCRO membership. This “practitioner design” ensures that the issues are those for which our industry most needs information in order to make operations more efficient and risk practices more effective.
- The common practice findings were controlled so that each responding entity is a single aggregate response, so as to limit duplicative answers from varied perspectives within a single organization. Thus avoiding a problem commonly found in broader public surveys.
2018 Events: Survey Results Workshops
The CCRO plans to host several open workshops based on this survey’s results. Workshop participants will have an opportunity to discuss their perspectives and experience regarding each survey topic area while learning about the current state of the industry and CCRO recommended practices.
Our first workshop is scheduled for May 2018
Get Involved with The CCRO Today. Become a CCRO member and join our discussions of results. Benchmarking your company against the survey results is an extremely effective way to uncover gaps and to support moving forward with internal practice changes.