An enterprise-wide survey, sent to executive owners and managers, provided input that helped capture the scope of risk across the enterprise and, ultimately, created the organization’s first risk register. Using a hybrid framework that is based primarily on ISO 31000 standards and also informed by COSO standards, Beres and Szudrowicz focused on making sure the program would be effective and deliver value to stakeholders - a group comprised of the company’s board of directors, executive team, and the risk owners of functional areas across the organization.īy the beginning of 2019, the program was in place and ready to be taken through its full cycle. ERM Program Manager) - began designing an ERM program and piloting some of the program’s processes. In 2018, Panduit’s risk management team - Mark Beres (Director, ERM) and Stan Szudrowicz (Sr. The Development and Launch of Panduit’s ERM Program Still headquartered in Tinley Park, Panduit currently operates out of 112 global locations. The privately-owned company employs more than 5,000 people, holds approximately 2,000 patents, and counts among its client base approximately 90% of Fortune 100 companies. Founded in 1955 in Tinley Park, Illinois, Panduit is the market leader in developing and providing physical network and electrical infrastructure to businesses around the globe.

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