Reviewing Risk at Board Level
A view of consolidated risk exposures across an enterprise at board level is crucial. The practice of combining spreadsheets leaves room for error and greater risk.
Disparate risk management systems often used by enterprises do not combine at any level to give a consolidated view, let alone in the board room.
The inclusion of risk management to the strategic planning process of an organisation is a good starting point to build a sound framework to integrate and harness the benefits of risk, compliance and audit. This approach also has the benefit of significantly reinforcing a risk management philosophy and culture throughout an organization.
Risk management is a proven discipline for complementing other decision making processes and gives powerful techniques to evaluate risks and opportunities that might otherwise not be understood.
CorProfit provides strategic consultancy and advice in developing an enterprise risk management ‘roadmap’ that supports the full evolution of risk management within an organization.
Our approach involves supporting each business area to manage specific risk according to their area of expertise, providing an executive-level dashboard that supports better management decision through full visibility.
Does your board room have a single consolidated real time view of your oragnisation’s risk exposure?
Contact CorProfit to find out how we can help you reach this strategic objective.[contact-form-7 404 "Not Found"]