Attended the Lean Startup Summit in Berlin this past February. In my view, ERM needs to play a bigger role because the risks must be identified and managed in innovation just as in daily objectives. One thought at the conference that got discussed was that the really big strategic risk is related to different dimensions. Those dimensions are revenue (not new) but also how the new idea/project/innovation might transform the organization. See the map here. Organizations feeling more disruption might want to map their projects using a similar approach. The most important place is probably location 1. This perspective can help organizations consider which projects to prioritize.