The Maturity Model Approach to Benchmarking ERM Capabilities

Looking to get more value out of your organization's investment in enterprise risk management (ERM)? Far too many organizations have stalled in their ERM journey due to a lack of return, despite already investing a significant amount of time and energy. ERM maturity models can serve as valuable tools in assessing as-is conditions, forecasting target capabilities, and establishing an evolutionary path to achieve desired states.

Guidehouse's David Fisher explores how ERM Maturity Models can be used to identify an organization’s current ERM capabilities across multiple dimensions, by benchmarking them against industry standards, in this article published by the Global Association of Risk Professionals (GARP).

Access part two of "The Critical Relationship Between ERM Maturity and Value Creation" here.