We have experience in small and large organizations in establishing business continuity plans, which have proven critical in the age of COVID. Check out our LinkedIn articles on COVID strategies for SMEs.
Organizations that survive the COVID-19 pandemic and its accompanying economic impacts will need to ensure the difficulties they encountered during the crisis are not repeated. Our process provides a facilitated workshop, in a non-judgmental environment, to determine what happened, who did what, when, and why, and where things went well and where the organization was challenged.
Are you unsure as to what ERM is, and how it can help your organization? No problem.
We 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, we can provide coaching and/or mentorship to help you on your ERM journey.
We are also on the faculty of RIMS, the Risk and Insurance Management Society.
We 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.
If you already have a risk management program in place, we 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, we can help assess its risks and assist with mitigation plans, to help you successfully achieve your strategic goals.
We can help you establish your organization's risk appetite, finding out how much risk is the appropriate amount 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 system.
We 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.
We 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.