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Enterprise Risk Management (ERM) Assurance

 

It's not enough to manage piecemeal risk within business areas. Safeguarding overall enterprise profitability requires assurance at the enterprise level. The goal is to maintain a smooth flow of business and, in the event of a disruption, minimize the costs and time to get back to normal. With our solution you can assure delivery and value for your risk management efforts and their resulting costs (cash flows) and impacts on corporate objectives. By proactively assuring your many risk management efforts, you ultimately:

  • Reduce their costs,

  • Keep them viable and optimized for the enterprise as a whole, and 

  • Affirm their contributions to strategic objectives.

 

Benefits of Our Approach

Delivery and Value Assurance™ A Framework for Successful Enterprise Risk Management

  • It is an efficient, cost-effective, uniform, and repeatable model for monitoring, overseeing, measuring and managing your many risk efforts. It is both methodology and control framework “agnostic”.

  • Accommodate all control frameworks (e.g., COSO, ISO 20000, CoCo, AICPA, Cadbury, COBIT, etc.) and all categories of risk (business or IT).

  • Enable enterprise-wide relative and absolute comparisons of risk.

  • Facilitate iterative and repeatable execution of the same type of risk assessment, or risk mitigation effort, at diminishing incremental costs.

  • Take a portfolio approach to enterprise risk management that requires very few resources to be successful (e.g., akin to the few people that can manage billions in a pension or mutual fund).

  • Create a centralized view of risk that optimizes risk management decisions and actions.

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