Problem

Enterprise risk programs often struggle to obtain leadership support and Enterprise Risk Committee (ERC) participation. In addition, ERCs may not establish a culture of transparency, cross-functional collaboration, and focus on problem-solving. Ongoing updates and ERC operations are time consuming and require the ability to work across a wide range and risks, coordinating with risk owners and staff, as well as C-Suite and Board members.

Solution

  1. Defined Structure and Governance

  2. Governance and Strategic Alignment

  3. Enhanced Reporting Capabilities

  4. Cultural Transformation

  5. ERC Operational Assistance

See our blog post on running effective management-level Enterprise Risk Committees.

Where We Can Add Value to Enterprise Risk Committees

  • Oversee Enterprise Risk Management framework and approach

  • Understand overall risk profile

  • Manage risk response status updates from Risk Owners

  • Support deep risk analysis and ensure cross-functional collaboration

  • Develop risk reports for the Executive Risk Committee and the Board of Directors regarding top risks, response plans, and incidents

Our Story

  • 30 years of experience implementing and managing enterprise risk programs

  • Extensive experience managing Enterprise Risk Committee operations

  • Ability to work independently with Senior business leaders and assist with Board material preparation and presentation