ERM Assessment for Industrial Clients
Key Objectives
- Understand risks and evaluate in a systematic and consistent manner
- Prioritize areas for risk mitigation
Our Approach
- Recognize various risk categories
- Map potential risks under each category
- Through workshops, interviews, and analyses understand mitigation in place as well as likelihood and severity of impact
- Collect and combine feedback across all risks in order to determine optimum management for each item
- Prioritize areas and prescribe mitigation strategies
- Design new governance framework and key policies
Impact for our Client
- Implemented several new policies and processes aimed at managing several risks