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“Developing an Enterprise Risk Management Program – A Step-by-Step Guide”

Helping Companies Achieve Their Goals

Is your organization suffering from high employee turnover, a damaged reputation, product or project failure, or continued financial losses? Are you concerned that your firm is missing out on big opportunities or is even at risk of going out of business altogether?

While every organization has some sort of risk management in place focusing mainly on loss prevention, a paltry 28% have a complete, formal process way of integrating risk into decision making.*

Instead of focusing on losses, Enterprise Risk Management (ERM) is proactive, with an emphasis on achieving business goals and adding value to the organization.  By tying different departments or silos together, a robust ERM program provides leadership a holistic view of risks and opportunities and how they are related, allowing executives to better prioritize and allocate resources.

Check out this quick video to learn more about how our hands-on consulting, training and virtual advisory services give organizations the knowledge and tools they need to address weak spots and pursue opportunities to achieving or exceeding strategic goals.

* 2017 State of Risk Oversight Report from NC State University

Latest Blog Posts

ERM framework

ERM Framework vs. ERM Process – Understanding the Difference

In the vast arsenal of materials discussing enterprise risk management, words are thrown around that may be unclear to novice risk professionals or executives unfamiliar with ERM. While I intuitively know the difference between an ERM framework and process, the random use of these terms can lead to confusion for some. If you’ve read my…
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Why an Elevator Pitch is an Ineffective Tool for Selling ERM

You may understand how ERM can be a valuable tool for ensuring the organization’s success, but unless an executive has some prior positive experience with ERM, you as a risk professional are about to experience an uphill battle: convincing them to adopt ERM to help improve the way the organization performs. After all, without buy-in…
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Ensuring Consulting Engagements Deliver Exceptional Value

Today I’m going to touch on the sensitive topic of consultants… When you have a problem or situation outside your organization’s internal capabilities, a consultant can be brought in to help address it. In the context of ERM, this can include everything from starting a new program, re-starting a failed program, presenting a summary of…
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