Risk management now sits firmly on the executive and board agenda. Boards and executive management of companies want a deeper understanding of how risk is being managed across the enterprise and in particular how to manage risk to create the greatest rewards for their shareholders.
ERM helps organisations move beyond compliance, transforming risk management into a strategic function that provides value to the business. The ERM focus is on delivering an integrated, comprehensive risk management program that is based on a portfolio view and employs consistent organisation wide processes, methods, reporting and systems. This enables the organisation to effectively prioritise its risk management investment.