Enterprise Risk Management

Delivering an expansive view of the organization and its risks, as well as adding significant value to strategy and executive decision-making, ERM has become an attractive and desired practice by business leaders around the world.

25% ...

Organizations exhibiting mature risk management practices - as assessed with the RIMS Risk Maturity Model® - realize a valuation premium of up to 25%.

61% ...

said ERM is being used to inform/influence strategy

44%

have used ERM to avoid major compliance failures

Enterprise Risk Management Content

RIMS 2017 Enterprise Risk Management Benchmark Survey

The survey explores the evolution of ERM, drawing comparisons to the Society’s 2013 edition. It highlights the effectiveness and advantages of ERM programs, as well as leadership’s expectations of ERM, implementation strategies and challenges.

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Transitioning to Enterprise Risk Management

The report, authored by members of RIMS ERM Committee, explores common characteristics of risk management programs and provides practitioners with five fundamental steps to help them successfully transition to a broader enterprise risk management approach.

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Enterprise Risk Management's Wakeup Call: 10 Years Later

This RIMS report chronicles the diffusion and evolution of ERM, identifies new challenges for risk professionals to deliver solutions that create and protect value, and offers recommendations for integrating ERM in today’s sophisticated business environment.

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Leveraging Technology To Drive Sustainable ERM Initiatives

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Recent articles on Enterprise Risk Management from Risk Management, the official magazine of RIMS

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Takeaways

Connect Business Areas to More Efficiently Address Risk

Identifying interdependencies and overlapping risks to develop both financial and nonfinancial solutions.

Inform Strategic Decision-Making

Embedding a risk-aware culture that helps shape strategy setting and implementation processes.

Support Profitability, Growth and Innovation

Assessing an enterprise-wide view of the organization’s risk profile to prioritize risks and leverage opportunities.

Build Effective Communication Channels Up, Down and Across the Enterprise

Demonstrating the value of cross-enterprise collaboration to collectively achieve strategic goals.

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