The types and severities of risk that impact an organization are increasing during a time when cost pressures are at an all-time high. Despite major investments to improve capabilities, critical exposures still exist. Executive-level visibility to risk is obscured by organizational silos, process inconsistency and outdated information systems. This leaves a performance gap between an organization’s expectations for risk management and what is actually achieved – putting profitability, competitive advantage and compliance on the line.
Elevating enterprise risk management from the “backroom” to the “boardroom” is a key imperative for company success. Executive leaders and risk practitioners must find ways to create shareholder value from risk management by integrating the risk management process into key-decision making processes such as strategic planning, objective setting, financial decisions, and performance management processes.
In this blog, you’ll find valuable content focused on how technology can be leveraged to drive visibility and oversight across the business to drive a risk aware culture, implement process, and deploy practical tools which will move an organization into a market leader position.
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