Enterprise Risk Management
Enterprise Risk Management (ERM) is a systematic process of identifying, analyzing, and responding to anticipated future events that have the potential to generate unwanted effects. ERM should be viewed as an ongoing and continuous process within an organization. ERM helps in creating and preserving organizational values and importantly aids in better decision making. ERM is an integral and a critical part of governance and culture in an organization. Risk mitigation avoids litigation.
Enterprise Risk Management - How KPI can Assist?
KPI’s ERM professionals ensures business risks are appropriately considered (identified, assessed and managed) and is integrated with the performance management. We guide and handhold the business to identify risks in their respective business areas and to prepare and implement the mitigation plans for smooth business operations. We adopt a consultative approach comprising interviews, surveys and workshops to identify risks.
Your organization benefits with our tested methodology with
- ERM framework development
- Risk assessment workshops
- Risk register with risk ratings and mitigation plans
- Risk reporting templates