Enterprise Risk Management
Quantify, qualify & mitigate risks
Bridge the gap between strategy and execution. Enterprise risk management solutions enables your organisation to navigate uncertainty, drive performance, and achieve business growth.
Fortify, Adapt, & Thrive In An Uncertain World
Unleash your organisation’s potential with customised enterprise risk management solutions. Our solutions consist of the following modules:
-
Business Strategy
Formulate business plans considering the risks associated with growth, profitability and market positioning objectives.
-
Risk Identification
Systematically uncover potential risks across your business landscape, allowing you to allocate resources efficiently and address potential exposures.
-
Risk Appetite
Establish clear risk appetite statements and calibrate risk tolerance levels, laying the foundation for confident decision-making and value creation.
-
Control Definition & Effectiveness
Design, test and implement robust control measures to minimise and manage risk exposures.
-
Monitoring & Reporting
Implement a consistent approach to risk monitoring and reporting using in-depth analysis to inform performance and trends.
-
Actions & Response
Implement timely and tailored action plans to improve risk exposures.
-
Stress Testing & Scenario Analysis
Identify vulnerabilities within your operations, financial positions, and market segments, providing insights and recommendations to enhance preparedness.
-
Governance
Analyse your existing governance structures, propose enhancements, and provide guidance on embedding enterprise risk management principles into your daily operations
-
People & Infrastructure
Provide guidance on developing a skilled enterprise risk management workforce, and support the implementation of risk aware data, practices, processes and technologies.
Flexible Risk Management Solutions
Our Enterprise Risk Management offering encapsulates five areas of expertise.
-
Strategic Enterprise Risk Management Solutions
1. Strategic RiskEmbrace adaptability, improve decision making and achieve strategic objectives
Identify, assess, and prioritise strategic risks, enabling you to make informed decisions and overcome potential challenges to achieving your strategic objectives.
By anticipating market changes, volatile economic conditions, and potential disruptions, we empower your business to develop and execute resilient growth strategies that yield success in a rapidly evolving global landscape.
-
Sustainability Enterprise Risk Management Solutions
2. Sustainability RiskFuture proof your organisation by managing sustainability risks
By working with you to explore the potential impact of environmental, social, and governance (ESG) issues on your organisation’s performance we enable you to integrate sustainable practices into your operations.
-
Regulatory & Compliance Enterprise Risk Management Solutions
3. Regulatory & Compliance RiskSafeguard your business reputation by staying ahead of regulatory curves
Provide critical knowledge, expert guidance, and support, ensuring your organisation stays abreast of ever-changing regulations and remains duly compliant.
By navigating the complexities of global compliance requirements, we minimise the impact of regulatory risks on your operations and protect your organisation’s reputation from potential financial, legal, and operational consequences. Explore our CPS 230 compliance management for more information.
-
Cyber Enterprise Risk Management Solutions
4. Cyber RiskFortify against evolving cyber threats and safeguard your critical digital assets
Assess the security posture, identify vulnerabilities, and help implement tailor-made cybersecurity strategies, maximising your organisation’s preparedness for any cyber-attack scenario.
We work alongside your team to reinforce your technological defenses and secure valuable data.
-
Operational Enterprise Risk Management Solutions
5. Operational RiskEnhanced performance through clear risk-reward decision making across operations
Go beyond the traditional approach to enterprise risk management. We provide comprehensive & practical plans and tools focused on the identification, assessment, and mitigation of operational risks to ensure your business is prepared for any eventuality.
Our expert team leverages years of industry experience and deep practical insights to deliver personalised risk management solutions across people, processes, systems & external events. Explore our CPS 230 compliance management for more information.
Partnered with the best software
Gain access to a global Enterprise Risk Management software solution that is scalable and practical for managing your risk and compliance needs.
Develop A Rewarding Risk Culture
We’re excited to start working with you on your enterprise risk management journey. Fill out our contact form and our expert team will reach out to you shortly.
The Results Speak For Themselves
-
30+ Industries
We’ve worked with 500+ organisations across 30+ industries, equipping our clients with the experience, capabilities and tools to confidently continue operations & minimise risks and provide guidance on seamlessly integrating enterprise risk management principles into your daily operations.
-
15+ Years Experience
Our extensive experience make us the leading specialised provider of resilience & risk management solutions throughout Australia & New Zealand. We have the experience to help integrate customised enterprise risk management solutions to achieve business growth.
-
Constantly Evolving
Our programs are designed and tested during real crisis situations equipping our clients with enhanced internal capabilities and tools to confidently continue operations and integrating enterprise risk management principles. As new crises arise, we adapt to face them.
Frequently Asked Questions
-
What is Enterprise Risk Management (ERM), and why is it important for businesses?
Enterprise Risk Management (ERM) is a structured approach to identifying, assessing, and mitigating risks that can impact an organisation's ability to achieve its objectives. It's important because it helps businesses proactively manage risks, enhance decision-making, and protect their financial stability and reputation. -
What are the key components of an effective Enterprise Risk Management framework?
An effective ERM framework typically includes risk identification, risk assessment, risk mitigation strategies, risk monitoring and reporting, and integration with the organisation's strategic planning and decision-making processes. These components help organisations systematically manage risks across all levels. -
How can Enterprise Risk Management benefit my organisation beyond risk mitigation?
ERM offers several benefits beyond risk mitigation, including improved resource allocation, increased stakeholder confidence, better compliance with regulations, enhanced strategic planning, and the ability to seize opportunities by taking calculated risks. It can also lead to cost savings through more efficient risk management. -
What are the common challenges organisations face when implementing Enterprise Risk Management?
Common challenges in implementing ERM include resistance to change, difficulty in quantifying certain risks, inadequate data and technology, siloed information within the organisation, and ensuring that risk management becomes an ingrained part of the organisational culture. However, these challenges can be addressed with the right strategies and commitment.
