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ERM online courses. ERM online solution and inclassroom ERM workshop training classes. Develop your enterprise risk management knowledge and skills. Boost your business performance. Build your business resilience. Our enterprise risk management ERM training courses are practical hands on training designed for managers professionals consultants internal and external auditors. Manage enterprise wide risk management better to help boost enterprise performance.
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Business uncertainty now is not worse. However business uncertainties do change. Managing internal and external risk factors is complex but does not need to be complicated. ERM should be used to set your business strategy not just manage the uncertainties that come out of your business strategy.
Adopting an holistic enterprise wide approach to business risk management enables an enterprise to focus all resources more cost effectively on the key risks that matter to maximise business development opportunities.
Use our ERM training to understand the principles practices and enterprise wide risk assessment process to inform strategic operational and project risk management. Enhance your risk knowledge and business intelligence to integrate threat mitigation and seize new business development opportunities.
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Enterprise-wide risk management encompasses an effective enterprise-wide risk assessment process. Realise the importance of enterprise wide risk management for your business performance. Use enterprise wide risk assessment principles practices and processes to set strategic operational and project objectives and embed to ensure objectives are delivered. Tap into enterprise wide risk management consulting services.
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Proven Steps to Mitigating Business Risks: A UK Business Leader’s Guide to Conducting an Enterprise-Wide Risk Assessment
An enterprise-wide risk assessment is a comprehensive evaluation of all types of risks that a business may face. This includes risks related to operations, financials, legal, regulatory, and reputational issues. By conducting a thorough risk assessment, businesses can identify potential threats and vulnerabilities and take proactive measures to mitigate or prevent them.
The first step in conducting an enterprise-wide risk assessment is to identify all areas of the business that are at risk. This includes both internal and external risks, such as supply chain disruptions, data breaches, and economic downturns. Once all areas of risk have been identified, the next step is to assess the likelihood and potential impact of each risk. This will help businesses prioritise which risks need to be addressed first.
Once the risks have been identified and prioritised, businesses can develop a risk management plan. This plan should include specific actions to mitigate or prevent each risk, as well as procedures to respond to and recover from a risk event. The plan should also include monitoring and reporting mechanisms to ensure that the plan is being implemented effectively.
In addition to the risk management plan, businesses should also consider implementing a risk management programme. This programme should include regular training for employees on risk management and incident response, as well as regular reviews of the risk management plan to ensure that it remains relevant and effective.
In conclusion, an enterprise-wide risk assessment is a critical tool for businesses to identify and manage potential threats and vulnerabilities. By conducting a thorough risk assessment, prioritising risks, and implementing a risk management plan, businesses can take proactive measures to mitigate or prevent risks and ensure their long-term success.
Step
Description
Action
1
Identify Risks
Identify all areas of the business that are at risk, including internal and external risks.
2
Assess Likelihood and Impact
Assess the likelihood and potential impact of each identified risk.
3
Prioritise Risks
Prioritise identified risks based on likelihood and impact.
4
Develop Risk Management Plan
Develop a risk management plan that includes specific actions to mitigate or prevent each risk, as well as procedures to respond to and recover from a risk event.
5
Implement and Monitor Risk Management Programme
Implement a risk management programme that includes regular training for employees on risk management and incident response, and regular reviews of the risk management plan to ensure that it remains relevant and effective.
5-step enterprise-wide risk assessment template
Note: The above table is just an example of a risk assessment template, it may not be sufficient to cover all risks and it’s important to consult professional and include all stakeholders involved.
Proven Steps to Mitigating Business Risks: A UK Business Leader’s Guide to Conducting an Enterprise-Wide Risk Assessment
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In today’s dynamic and interconnected business landscape, managing risks has become an essential aspect of successful enterprise management. Organisations face a wide range of risks, including financial, operational, strategic, and reputational risks, which can significantly impact their ability to achieve objectives and thrive in a competitive environment. Enterprise Risk Management (ERM) provides a comprehensive framework and process for identifying, assessing, and mitigating these risks to ensure sustainable growth and resilience. This article serves as a guide to understanding and implementing ERM within organisations.
Understanding Enterprise Risk Management:
Enterprise Risk Management is a strategic approach that enables organisations to proactively identify, assess, and manage risks across all levels and functions. It involves the systematic integration of risk management practices into an organisation’s decision-making processes, governance structure, and operations. ERM goes beyond traditional risk management, which often focuses on isolated risks, by considering the interdependencies and cumulative effects of risks on an enterprise-wide basis.
Key Components of Enterprise Risk Management:
a. Risk Identification: The first step in ERM is identifying and cataloging all potential risks that may affect the organisation. This involves gathering information from various sources, including internal stakeholders, external experts, industry reports, and historical data. The goal is to create a comprehensive risk register that captures both known and emerging risks.
b. Risk Assessment: Once risks are identified, they need to be assessed in terms of their likelihood of occurrence and potential impact. This step involves qualitative and quantitative analysis to prioritise risks based on their significance. Risk assessment techniques may include scenario analysis, sensitivity analysis, and probabilistic modeling.
c. Risk Mitigation: After assessing risks, organisations develop risk mitigation strategies to reduce the likelihood or impact of identified risks. These strategies may involve implementing controls, transferring risks through insurance or contracts, accepting risks within predetermined tolerance levels, or avoiding risks altogether by changing business practices or diversifying operations.
d. Risk Monitoring and Reporting: ERM is an ongoing process that requires continuous monitoring of risks to ensure their effectiveness. Organisations should establish clear risk indicators and thresholds to detect changes in risk levels and trigger appropriate actions. Regular reporting on risk exposures, mitigation efforts, and performance against risk objectives is essential to keep stakeholders informed and accountable.
e. Risk Culture and Communication: ERM is most effective when risk management becomes an integral part of an organisation’s culture. This involves fostering a risk-aware mindset among employees, encouraging open communication about risks, and embedding risk management practices in daily operations. Effective communication channels should be established to facilitate the flow of risk-related information across all levels of the organisation.
Benefits of Enterprise Risk Management:
Implementing ERM brings several benefits to organisations:
a. Improved Decision Making: ERM provides decision-makers with a holistic view of risks, enabling them to make informed choices that align with the organisation’s risk appetite and strategic objectives. By considering risk factors, organisations can avoid costly mistakes and capitalise on opportunities.
b. Enhanced Resilience: ERM helps organisations become more resilient in the face of uncertainties and disruptions. By systematically managing risks, organisations can better anticipate and respond to potential threats, minimising their negative impact and quickly recovering from adverse events.
c. Competitive Advantage: Effective ERM enables organisations to differentiate themselves by demonstrating strong risk management practices to customers, investors, and regulators. This can enhance their reputation, attract new business opportunities, and improve access to capital.
d. Regulatory Compliance: ERM assists organisations in complying with applicable laws, regulations, and industry standards. By proactively managing risks, organisations can identify compliance gaps and take corrective actions to avoid penalties and reputational damage.
e. Cost Optimization: ERM helps organisations optimise resource allocation by identifying areas of inefficiency, waste, or excessive risk-taking. By streamlining processes, eliminating redundancies, and aligning risk management efforts, organisations can reduce costs and improve operational efficiency.
Implementing Enterprise Risk Management:
To successfully implement ERM, organisations should consider the following steps:
a. Leadership Commitment: Senior management should demonstrate a strong commitment to ERM and actively champion its adoption throughout the organisation. This includes allocating resources, defining roles and responsibilities, and fostering a risk-aware culture.
b. Risk Governance: Establish a clear governance structure for ERM, with defined roles, responsibilities, and reporting lines. Designate a risk officer or risk management team to oversee the ERM process and ensure its integration into decision-making at all levels.
c. Risk Framework: Develop a risk management framework tailored to the organisation’s specific needs and industry context. This framework should outline the key components of ERM, including risk identification, assessment, mitigation, monitoring, and reporting.
d. Risk Assessment and Prioritisation: Conduct a comprehensive risk assessment to identify and prioritise risks based on their potential impact and likelihood of occurrence. This assessment should involve input from relevant stakeholders and utilise appropriate risk analysis techniques.
e. Risk Mitigation Strategies: Develop and implement risk mitigation strategies that align with the organisation’s risk appetite and strategic objectives. These strategies should be tailored to address specific risks and may involve a combination of controls, risk transfer mechanisms, and process improvements.
f. Integration with Business Processes: Embed risk management practices into existing business processes and decision-making frameworks. This includes integrating risk considerations into strategic planning, project management, performance evaluation, and budgeting processes.
g. Training and Awareness: Provide training and awareness programs to educate employees about ERM principles, methodologies, and their role in managing risks. Foster a culture of risk awareness, where employees are encouraged to report and escalate potential risks.
h. Continuous Monitoring and Improvement: Establish a system for ongoing risk monitoring and reporting. Regularly review and update the risk register, assess the effectiveness of risk mitigation measures, and identify emerging risks. Continuously improve the ERM process based on lessons learned and feedback from stakeholders.
Overcoming Challenges in Enterprise Risk Management:
Implementing ERM can present challenges, but organisations can overcome them with proper planning and execution:
a. Organisational Silos: ERM requires collaboration and information sharing across different functions and departments. Breaking down silos and fostering cross-functional communication is essential for effective risk management.
b. Resistance to Change: Resistance to change can hinder the adoption of ERM. Organisations should invest in change management efforts, addressing concerns, and providing training and support to employees.
c. Data and Information Management: ERM relies on accurate and timely data and information. Organisations should establish robust data management systems, ensure data integrity, and leverage technology solutions for data collection, analysis, and reporting.
d. Risk Appetite Alignment: Aligning risk appetite across the organisation can be challenging. Clear communication and dialogue between senior management and relevant stakeholders are crucial to establish a shared understanding of risk tolerance and strategic objectives.
e. Evolving Risk Landscape: The risk landscape is continuously evolving, with new risks emerging and existing risks evolving. Organisations should stay updated on industry trends, regulatory changes, and emerging risks to ensure the relevance and effectiveness of their ERM practices.
Enterprise Risk Management is a strategic imperative for organizations to navigate the complexities and uncertainties of the modern business environment. By adopting a comprehensive ERM framework, organisations can proactively identify, assess, and mitigate risks, enabling them to make informed decisions, enhance resilience, and gain a competitive advantage. Successful implementation of ERM requires leadership commitment, a robust governance structure, integration with business processes, and a risk-aware culture. Overcoming challenges and continuously improving the ERM process will contribute to long-term success and sustainability in today’s dynamic business landscape.
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Manage risks better
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Ensure you are fully aware of and comply with relevant laws standards and regulations in your country and industry.
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Finding the latest best regulatory compliance solutions can be time consuming or unfruitful. We make business decision making easier.
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Take compliance seriously but find new ways to embed it within your risk management framework and risk assessment processes.
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How to identify and analyse enterprise opportunities and threats
Improve your identification and analysis of business opportunities and threats. Subject your business processes to better risk identification and analysis to boost your business performance.
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Use your business strengths to mitigate the threats your business faces. Reduce your weaknesses to control the threats to your business objectives. Seize new business opportunities to build your business resilience.
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Use enterprise risk identification and analysis to help you grow your business with less uncertainty.
Enhance what you are doing well for greater returns on your investment of time and money.
Identify new opportunities for your business that you are currently missing or failing to capitalise upon.
Control the risks holding your business development back.
Recognise that you do have opportunities to improve your business and what you need to do to make them work well regardless of the business or economic environment.
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Create a business risk management plan after identifying key threats and opportunities for your business: PESTLE example
A business risk management plan for a business leader in the UK could include the following:
Political risks:
Monitor changes in government policies and regulations that may affect the business
Assess the potential impact of political instability on the company’s operations and supply chain
Develop contingency plans for disruptions caused by political events
Economic risks:
Monitor economic indicators such as GDP growth, inflation, and interest rates
Assess the potential impact of economic downturns on the company’s revenue and profitability
Develop strategies to mitigate the effects of economic fluctuations on the business
Social risks:
Monitor changes in consumer behavior and preferences
Assess the potential impact of social trends on the company’s products and services
Develop strategies to adapt to changes in consumer demand
Technological risks:
Monitor advances in technology that may disrupt the company’s business model
Assess the potential impact of technological innovations on the company’s competitiveness
Invest in research and development to stay ahead of technological changes
Legal risks:
Monitor changes in laws and regulations that may affect the business
Assess the potential impact of legal changes on the company’s operations and compliance costs
Develop strategies to mitigate legal risks, such as insurance or implementing compliance programs
Environmental risks:
Monitor changes in environmental regulations and standards
Assess the potential impact of environmental factors on the company’s operations and supply chain
Develop strategies to mitigate environmental risks, such as implementing sustainable practices or investing in renewable energy.
Note: PESTLE Analysis is a framework for assessing the external factors that may affect a business. It is a useful tool for identifying potential risks and opportunities for a business.
PESTLE BUSINESS RISK PLAN
Risk Type
Key Considerations
Potential Impact
Mitigation Strategies
Political risks
Changes in government policies and regulations
Disruptions to operations and supply chain
Monitor political developments, develop contingency plans
Economic risks
Economic indicators such as GDP growth, inflation, and interest rates
Reduced revenue and profitability
Monitor economic indicators, develop strategies to mitigate effects of economic fluctuations
Social risks
Changes in consumer behavior and preferences
Reduced demand for products and services
Monitor social trends, develop strategies to adapt to changes in consumer demand
Technological risks
Advances in technology that may disrupt business model
Loss of competitiveness
Monitor technological developments, invest in R&D to stay ahead of changes
Legal risks
Changes in laws and regulations
Increased compliance costs and legal liabilities
Monitor legal developments, implement compliance programs and insurance
Environmental risks
Changes in environmental regulations and standards
Negative impact on operations and supply chain
Monitor environmental developments, implement sustainable practices and invest in renewable energy.
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Identify and treat risks to your business better
For risk management to work best it needs to be holistic and integrated into normal business decision making. Increase senior managers and executives awareness of enterprise risks impacting on enterprise objectives to boost performance.
Explore your organisations opportunities for innovation and development
Capture competitive advantages you have in your marketplace
Increase sales more profitably
Treat your enterprise risks better. Avoid reduce transfer or accept risks more holistically more cost effectively.
Improve your risk assessment process to manage risks to you enterprise
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Enterprise risk management should not be a functional affair. It should help inspire and engage all levels of the organisation in managing business risks holistically.
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Managing all risks facing an enterprise is increasingly challenging. Get help from BusinessRiskTV. How do you currently increase risk awareness within your organisation.
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Develop your organisations effectiveness at managing enterprise risks. Improve all employees risk awareness. Reduce your enterprises vulnerability. Build business resilience. Open up new business development opportunities.
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Sell on BusinessRiskTV and fulfil order via your existing sales process. When an order has been placed for one of your risk management products the buyer can be immediately directed into your sales systems.
The Risk Management Marketplace includes independent sellers who offer a variety of business risk management products and services. Buying from a Risk Management Marketplace Seller is quick and simple and often cheaper than buying elsewhere.
Leverage your existing risk management product or service fulfilment capabilities. Add Paypal payment button if you have a Paypal account to sell more and protect cash flow in your business. By displaying your Paypal ecommerce payment button you are committing to fulfilling orders for your new customers.
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Keep your business eye on the business risks that matter to your business success with BusinessRiskTV.com
How can business leaders better protect and grow their business
Identify the key business risks that could impact on your business. Assess the risks and evaluate potential risk management solutions to help you. Mitigate threats and seize new business development opportunities.
We look at the businesses the risks and the business risk management leaders to review the business threats and the opportunities for businesses in UK and globally.
What to watch on BusinessRiskTV?
What is in focus for BusinessRiskTV and its online broadcasting partners? Our online business leader community explore the risks impacting on business success or failure.
Which businesses should inspire you to change your business management systems?
Which businesses could you learn from in terms of how not to manage your business?
What are the emerging risks that could help or hinder your business performance or even survival?
Who or the business leaders blazing the trial to success? What could you learn from them?
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BusinessRiskTV Online Streaming Guide
Figure out what to watch to match your country risks or industry risks to maximise your business risk knowledge and business intelligence library. Pick the best original broadcasts for your business needs.
Find something to watch on BusinessRiskTV to inform your own business decision making process to reduce the impact of uncertainty on your business objectives
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Subscribe to BusinessRiskTV for upcoming live and on demand broadcasts. Stream to your smartphone tablet or pc for free. Each day week month and quarter new BusinessRiskTV free online streaming helps to keep you alert to threats and opportunities for your business.
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Follow BusinessRiskTV live online. Subscribe to receive email updates and highlights from BusinessRiskTV. Our risk experts and risk partners recommend best business practices and risk management options for your business.
Subscribe to receive free alerts to new online streaming releases so you know what to watch. Watch it on demand whenever you want or watch live events workshops and training courses.
BusinessRiskTV regularly adds new broadcasts to our risk management back catalogue and Risk Management Video Library. You can even download some online broadcasts so you can select the best broadcasts worth watching again and again whenever you want. We also select the best risk management partner videos worth your while watching and add them to our Risk Library.
A quick of our calendar can also alert you to new recommended risk management information you might want to make yourself aware of including risk management articles news and videos.
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How well are you managing significant risks impacting on your business objectives?
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Learn more disciplined risk based approach to business decision making. Doesn’t mean a less innovate or creative business. Does mean readying your business to take advantage of opportunities.
Do the groundwork to cultivate better business outcomes
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Achieve best practice in strategic planning operational and project management.
Increase Sales
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Use new tools and techniques to achieve management best practices. Learn more about the best ways of working. Achieve your business goals more easily more predictably.
Best Practices In Business Management
Develop new business management practices for greater success. Unlock new growth for your business with less uncertainty. Build stronger business resilience.
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An holistic business risk management approach ensures the best use of business resources.
How To Manage Risk In Business
Practical ways to manage risk better. Tackle common business risks holistically enterprise wide. Learn best practice risk management techniques in business.
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Its not about how to reduce risk
External or internal driven risks threaten your business. They also create new business development opportunities. Reducing the effect of uncertainty on your business is important.
How do you manage enterprise risks? Do you put risk into different silos like safety, insurance, cyber risk, sales strategy etc? They can be rolled into one holistic risk based approach.
What is the most effective way for a business to manage risk? Look at what you are trying to achieve? Could you achieve more with your existing assets? Has good luck been saving you from disaster?
Understand the bigger picture first. When you know what risk you have then manage it.
There is danger being in business. Danger that you could blow your value. Danger you could under perform.
Join the discussion on how to manage risk in business better
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Manage Business Risks Better
Read more about business risk management. Watch videos online from your phone pc or tablet
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Enterprise risk management articles. Latest news opinions and product and service reviews. Engage with your peers. Ask the experts for help to overcome your risk management problems.
Read more and watch more videos online. Develop your risk knowledge to improve business performance. Sign up to BusinessRiskTV.com for alerts to latest in business risk management.
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Learn what not to do and why as well as what you should be doing with BusinessRiskTV
Corporate Misbehaviour Is A Misnomer
Corporate or enterprise entities do not make mistakes or create a bad business culture executives do. Illegal unethical or bad business practices arise because that’s the way executives want a company to achieve corporate objectives. Executives may or may not consider their business practices as bad or unethical but the result is the same corporate misbehaviour.
Understanding corporate misbehaviour
It may be a pointless waste of money undertaking a business health check if the executives are going to be unreceptive to the final risk management report, or simple pay lip-service to the outcomes.
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Many CEOs know what game needs to be played with enterprise risk management ERM before they can return to their own agenda for the business. Internal or external risk management audits can just play into the CEO’s attitude to risk management. Such executives short-term philosophy seems to rely on the hope that the shit doesn’t hit the fan during their time as CEO and whatever happens after they move on is not a concern for some incumbent CEOs.
Much of executive misbehaviour, and therefore corporate misbehaviour, is a direct result of executive pay and associated benefits. Misdirecting executive pay and rewards drives most if not all catastrophic corporate collapses. Before the collapse poor executive pay and rewards strategies poison business innovation and employee motivation.
To anticipate which companies will survive sustainably you could look at how executives are rewarded. It is the single biggest driver of corporate culture and long-term success, or not as the case maybe.
Executive managers cause corporate scandals, corporate scandals are not externally driven. The proximate cause of the corporate scandal or collapse doesn’t start further down the organisation nor does it start from outside the company. CEO bad behaviour is normally the proximate cost or the catalyst for corporate collapse.
Corporate Scandals
Corporate scandals aren’t a surprise to most executives, never mind the CEO. They take the level of risk they think is required to achieve their business objectives. They roll the dice and sometimes it pays off and sometimes it doesn’t.
Taking Risks To Achieve More In Business With BusinessRiskTV
For example, many in the banking and finance industry look upon the financial crisis as an external risk that impacted on their business strategy. No, or little, blame can be placed at the bankers door! It was all the other bankers and financers who were at fault for their share price collapse, mass redundancies and lost business opportunities – not their fault as their business was doing just fine until the financial crisis tsunami hit their business.
Such egotistical responses stem from either self preservation, or lack of care for their part in the near global systemic financial collapse of the banking and financial sector and the very near global anarchy which would have ensued. Politicians, who were part of the problem, became part of the solution – make money as cheap as possible via low interest rates and massive almost unremitting quantitative easing QE.
Mothers forget how bad childbirth was
More than a decade after the start of the financial crisis there is still mass unemployment in the developed world and the developing world lost a decade of opportunity to crawl out of poverty. However, the key decision-makers in the business world have either forgiven themselves or reinvented themselves in position of power. In addition, a new raft of politicians are in place, or about to find positions of power, to facilitate the next financial crisis.
At its least useful, enterprise risk management ERM is a tool to spread the blame should the shit hit the fan, so one would have thought that ERM could be more popular than it is. At its most useful it helps business leaders make business decisions that are more likely to be good ones for the long-term sustainability of the business for the benefit of all stakeholders in the business – including the CEO.
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Improve your risk monitoring and decision making
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Understand Enterprise Risk Management ERM
BusinessRiskTV can help you to understand ERM to help protect your business better and grow it faster. Embed enterprise risk management principles and practices to boost your business performance.
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What are the internal and external risk drivers in your organisation?
Are you responsible for driving the risk management process in your enterprise? Need some help to manage key risk drivers better? Learn how to improve the level of understanding of risk across your enterprise.
New to it? Learn how to develop and a risk management process in your business.
Reap the benefits of enterprise risk management for your organisation
Manage and optimise risks facing your organisation to achieve more with your existing resources.
Develop an enterprise wide approach to managing strategic, operational and project risks. Understand external and internal risks to achieve objectives with less uncertainty.
What’s good and bad in enterprise risk management?
Make enterprise risk management easier to understand and understand corporate risk better
Get the help of your peers and risk management experts to help you to develop a sustainable more successful business.
What role should enterprise risk management play in business and not for profit organisations? Do you like enterprise risk management ERM and want to learn more. Looking for practical enterprise risk management solutions for your business?
Managing business risks better with BusinessRiskTV.com
Leadership perspective to enterprise risk management
Working with senior managers executives business owners and entrepreneurs to embed practical enterprise risk management ERM solutions.
Enterprise risk management will not provide any net benefit to the organisation if its leaders don’t buy in to the principles the benefits of risk assessment process and the framework the best performing companies conform to.
Business leaders must agree the risk appetite and risk tolerance of the organisation before the risk assessment process can begin
The risk assessment process is a good management tool but it can be nullified corrupted and cost the organisation money and performance if it doesn’t operate within and support the risk culture of the business.
Enterprise wide perspective on corporate risks
Strategic operational and project risks all need to be included in the risk management framework and risk assessment process to provide consistency of business decision-making to improve performance of the business.
Business risk assessment tools techniques and tips with BusinessRiskTV.com
Identify and assess your business risks. Identify risks to your business objectives. Control strategic operational and project risks. Prioritise the use on your limited resources after assessment of the key risks.
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Learn how to assess risk and create a risk management plan to improve business performance. Identify cost effective controls to mitigate and reduce risks.
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Evaluate business risks. Identify and assess factors with downside impact on corporate objectives, or upside potential to boost business performance.
Find out about a different more risk based approach to planning your business’s future success.
Develop a new process of identifying risks, assessing risks and developing new strategies to manage risks facing your organisation.
Manage the internal risks and external risks facing your business better
Learn from peers and risk assessment experts. Continuously improve your own risk assessment process. Pick up tips on how to embed and integrate risk assessment into your enterprise’s strategic, operational and project decision-making.
Regularly meet online wherever you are in the world to speak to your peers and risk assessment experts. Collaborate on agreed risk assessment projects or learn during risk assessment workshops to improve your risk knowledge and risk management skills.
See a different risk perspective based on others experiences and risk knowledge that will provide a different enterprise risk insight
Improve the effectiveness of your risk assessment process to boost your enterprise performance
Like minded individuals working to improve risk assessment best practices
Improve your corporate risk and strengthen your resilience
Improve your business performance with BusinessRiskTV.com enterprise risk management training courses.
Do you want to manage enterprise risks better?Develop your enterprise risk management knowledge. Practical enterprise risk management training courses online and in classroom.
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Expand Your Risk Knowledge of Enterprise Risk Management ERM
Learn how the ERM discipline can benefit your business performance. Internal and external risks can have a downside impact on your organisation’s ability to achieve its objectives. The flipside is that they can have an upside potential on your business success.
Managing Business Risks Better with C&C Associates
Enterprise risk management ERM is a holistic integrated approach to business decision-making. A risk based approach moves away from the simple bean-counting approach of financial risk to explore the true impact on your business of enterprise risks.
We have a range of enterprise risk management services including training, mentoring and business promotion to ensure that the upside potential of risk is not lost in your business strategy.
Contact us to schedule a free online meeting to discuss your business needs;
We will present a report recommending action to reduce uncertainty in your business planning;
Implementation of the recommendations will involve working in partnership with you to achieve your objectives.
