Enterprise risk management is a critical element in any contemporary business environment.
Managing organisational risk and ensuring legislative and standards-based compliance across business functions is a core area of management that has dramatically increased its profile over recent times.
Topics such as information security, privacy requirements, business continuity, alignment of health and safety processes and probity within procurement are now considered to be key elements of ensuring an organisation’s operational integrity.
A consistently applied risk management approach enables companies to better understand and address material risks proactively. In fact, it could be said that not managing risk is a company’s biggest risk.
The implementation of enterprise risk management can inform executive decisions around resource allocation, future strategic planning, operational decisions and compliance management. A comprehensive approach to risk management can enhance a company’s risk control efforts to support critical strategic, compliance, and governance initiatives.
Clarity’s Risk Management Specialists can:
- Evaluate the current systems within your business to identify areas of risk exposure.
- Analyse risk from an integrated perspective, exploring risk relationships within your business.
- Develop policies and procedures and tools to help your business manage risk effectively.
- Provide risk management training to executive management and boards.