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Enterprise-wide Risk Management (EwRM)

Recent financial crisis and corporate frauds have led to a sharp increase in the attention paid to risk and risk management by regulators, credit agencies, boards, and other key stakeholders.

Companies are looking hard at what is needed to better identify and manage significant risks, including strategic, operational, financial, compliance and/or reporting risks. We highly recommend growing businesses to implement, EwRM, which is an ongoing risk management process embedded throughout the organization to identify existing and emerging risks that can prevent your Company from achieving your strategic goals, assess the potential impact of those risks and manage risks and opportunities within a predetermined risk appetite. One of the key advantages of EwRM include increased awareness about key risks of your business and what can be or cannot be done to mitigate those risks; so you take 'informed' strategic and operational decisions.

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