ERC can set up a simple, time-efficient system, easily usable by all employees, to identify and prioritize risks, and show how to use this information to guide your organization.
Are you unsure as to what ERM is, and how it can help your organization? No problem.
ERC can provide education and training, at any level required, on ERM - how to set it up and how to use it.
If you already have an ERM system underway or are establishing one, ERC can provide coaching and/or mentorship to help you on your ERM journey.
ERC's Principal is also on the faculty of RIMS, the Risk and Insurance Management Society.
If you already have a risk management program in place, ERC can review it to ensure it is optimized for your organization. Your goal will be increased risk maturity; we can help on that journey.
ERM can help you develop your business strategy, and make it more bullet-proof using a risk-based approach. If you already have a business strategy in place, ERC can help assess its risks and assist with mitigation plans, to help you successfully achieve your strategic goals.
ERC can help you establish your organization's risk appetite, finding out the appropriate amount of risk for you to seek to achieve your objectives. We can also help you determine your risk tolerances (that is, how much risk you are able to accept to achieve your objectives). When you evaluate your risks, knowing whether a risk's score is within tolerance or appetite allows you to allocate resources more effectively and efficiently to deal with your risk portfolio and optimize it. It ensures your risk appetite and tolerance are tied to your strategy and boosts your organization's risk maturity, allowing you to reap more benefits from your ERM program.
ERC has experience in small and large organizations in establishing business continuity plans, which have proven critical in the age of COVID and beyond. Check out our LinkedIn articles on COVID strategies for SMEs - these lessons can be applied beyond COVID as well..
ERC can subcontract to larger agencies requiring ERM expertise on particular engagements or projects. This can expand the scope of business for agencies without an in-house ERM consulting base, or for periodic cases where additional ERM resources are required.
ERC also has relationships with ERM software and other service providers, to help you on your ERM journey. Our key focus is on your success, even if all we do is put you in touch with the right people to help you outside of our scope.
ERC can answer any questions you may have about risk management, and ERM in particular, and how it can work for you. Research shows that organizations with a functional ERM program substantially outperform those that do not.
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