Effective Enterprise Risk Management (ERM) encompasses the culture, capabilities, and practices—combined with strategy and performance—that organizations must rely on to manage risk in creating, preserving, and realizing value. In a world that continues to change by the hour, every organization presents a critical opportunity to embrace ERM as a means to survive, flourish, and drive real value.
At Guidehouse, we help navigate our clients through a detailed process of assessing, designing, and implementing ERM programs customized to their organization. We actively work with our clients to uncover risks to build organizational resiliency and sustainability, as well as helping to identify the unique benefits that each organization needs from ERM.
Our extensive experience addressing specific risk types—cyber, human resources, information technology, operations, and strategy—allows us to align expectations as well as efficiently and effectively design ERM capabilities to fulfill each organization’s objectives.
The Guidehouse approach to ERM is a structured and well-organized framework. We assist agencies and organizations in understanding and managing uncertainties using an integrated and holistic approach—meaning, we do not look at risk in a silo.
We guide our clients in considering risk in the strategic planning process, development of organizational objectives, and how traditional risk management processes can be integrated into the management and operations of an organization or agency’s mission and performance.
Benefits of implementing an ERM program include: