Top Enterprise Risk Management Trends in 2024
Strategic Risk Management
A Risk Strategy and Enterprise Risk Management Framework designed for your organisation. Facilitated by us. To maximise the value of your compliance and risk efforts.
The mission and objectives of your organisation are of utmost importance. So, it makes sense for your risk strategy and capabilities to align with these objectives. However, occasionally, gaining a new outlook can assist in revealing undiscovered possibilities and enhancing your strategy.
Generic solutions that are developed without considering your organisation's specific circumstances have limited value. Effective risk strategies are best when tailored to your specific needs and informed by your valuable insights.
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Our structured risk advisory and consulting services provide a robust support system for senior executives and emerging leaders to develop their risk strategy. We promote ownership of risk decisions and foster risk-aware culture through the tailored solutions we develop together.
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How does this work?
1
Risk Maturity Assessment
Evaluate the current state of your risk practices and risk culture to identify strengths, weaknesses, and areas for improvement.
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2
Strategic Risk Assessment
Identify and assess the risks that could impact your strategic objectives and mission, including emerging risks through horizon scanning.
3
Risk Mission and Vision
Develop a vision statement to articulate your risk function's overarching goals and where you want to be, and complement it with your mission statements to communicate what you do, who you do it for, and how you do it.
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Risk Strategy
Develop a comprehensive risk strategy and target risk-aware culture tailored to your goals and organisation's values as a bedrock to your organisation's risk appetite and tolerance.
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5
Enterprise Risk Management (ERM)
Implement an integrated risk framework to managing all risks across the enterprise and translate your risk strategy into actionable risk appetite and tolerance.
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Featured
Emerging Risks
Horizon Scanning: How to Identify Emerging Risks?
Given the increasing complexity and unpredictability of challenges your organisation may face, it is crucial to develop the ability to identify emerging risks. As someone who seeks to stay ahead, you understand the importance of being informed about shifting geopolitical landscapes and emerging megatrends. Real-time intelligence and insights gathered through effective horizon scanning are your go-to tools to maintain your risk profile within risk appetite and tolerance.