As our name suggests, we help organisations move from ‘risk management’ to ‘enterprise risk management’ in line with global best practice.
Building on the isolated management of individual risks, we help you achieve organised risk management on a whole of company basis. This allows the true prioritisation of your finite resources and attention, from the Board to the shop floor. Knowing you are taking the right risks, and avoiding unwanted risks, you will thrive and survive.
We offer full transformation support for all the elements in your risk framework, or targeted transformation support for specific elements.
The global COVID-19 pandemic is affecting all of our families, our businesses, our communities, and our way of life.
COVID-19 came as a shock to many, but should it have? In recent times we have lived through HIV, Ebola, and Swine Flu to name a few. A little bit further back there was the Spanish Flu and Polio. Even Isaac Newton was quarantined due to the bubonic plague in 1665.
Great organisations realise COVID-19 is not the first, and won’t be the last. They also realise there are many other external and emerging risks they face. 1 in 100 year weather events; New suppliers causing market disruption, the list can be long. But the list is also full of golden opportunities if you know how to find them. External shocks like product replacement (think kodak and the digital camera) are a huge opportunity, if you are ready, willing, and able to act.
With our support, you will be able to see the wood from the trees. You can be better prepared for threats and opportunities.
THE RISK OF STRATEGIC DECISIONS
The biggest risk is to take no risk. Without it, you cannot innovate and grow and will eventually die out. But what types of risks should you take and what should you avoid?
Our support will help you consider the risks to your strategic decisions and from your strategic decisions such as M&A activities, product or organisational re-design. Working hand-in-hand, we will help you work through both pre-decision to make sure you have considered all the quantifiable and non-quantifiable risk elements; and post-decision, to make sure the risks to successfully delivering your selected decision are achieved.
INDEPENDENT RISK REVIEWS
Are you doing enough to manage your risks? Are you confident you are getting it right?
We will provide independent assurance that your existing controls are adequate and give recommendations for continual improvement.
Our Independent Risk Review uses an established method to determine how well your risk exposure is understood; provide strategic advice on risk vs reward; challenge whether the design of the control environment is adequate; and verify that the controls are operating effectively.
We take a strategic look at whether an organisation should accept a given risk exposure, and will not only consider the effectiveness of current controls, but will also challenge whether the right controls are even in place.
RISK ASSESSMENT, SUPPORT & PROBLEM SOLVING
If you need to better understand, assess, or manage your risks, ERM International are here to assist.
Using an approach developed by Harvard University, we work with you to identify, analyse, and treat risks.
We employ a range of assessment and treatment techniques from ISO.31010, to ensure your risk management efforts are efficient, effective, and most of all, value-adding.
ERM International have a flexible approach to service delivery.
If you have a specific issue you need assistance with, we are able to tailor our services to meet your needs.
When it comes to risk management, there is nothing we haven't seen before...