ENTERPRISE RISK MANAGEMENT for

IMPROVED VISIBILTY to RISKS and REWARDS

ENTERPRISE RISK TRANSPARENCY

Awake | Aware | Assess | Act | Agile | Assure

We are passionate about enabling entities of all types to build more transparent strategic and operational enterprise-wide risk management capabilities for value creation and value protection.

 

Clear internal lines of sight to internal and external risks and rewards enables more control over targeted outcomes and improved decision making capabilities. 

Transparency of risks is for the common good of the entity and key stakeholders.

Key opportunities contain risks that once identified, managed, and controlled, increase the likelihood of rewards and success.

 

Capabilities and competencies to manage and measure the risk and reward quotient reduce the likelihood and severity of failures and increases the frequency and impact of successes.

OUR IMPERATIVE

In recent years, entities began to implement elements of Enterprise Risk Management (ERM) and hire Chief Risk Officers (CROs) for improved entity-wide risk identification and management.  Many of these early ERM efforts (i.e., such as the banking industry) have been driven by bottom-up regulatory and compliance requirements. 

 

RISK TRANSPARENCY focuses on top-down organizational governance, assessment, and analysis of risks around key components of the strategic plan and the necessary alignment with operational capabilities (i.e., functional areas).  We enable clients to better understand (i.e., awake and aware) and coordinate the interdependent elements of mission, strategy, and culture across functional areas and key stakeholders to internally achieve strategic objectives and externally build customer and other key stakeholder relationships.  

 

Transparent enterprise-wide risk and reward centered cultures and processes contribute to building organizational level quality for near and long-term organizational success and resilience. RISK TRANSPARENCY Indices™ and Transparency Analytics™ are based on quality and risk standards and metrics for each different entity type, industry, and functional area.

Risks are both pervasive and foundational to most decisions and judgement.  Awareness and understanding (i.e., transparency) of key risks relative to the entity strategies and operations enables consideration and management for value creation and protection.  Inadequate risk transparency can result in immediate value destruction.  High enterprise valuations, accelerating technology disruptions, global macroeconomics, and societal changes are key drivers of the risk transparency imperative.

Near and long-term value creation and protection can be realized with innovative data analytics focused risk assessment, awareness, and management methodologies aligned with the entity mission, vision, values, and strategies.  This enables entities and functional areas of all sizes (public or private) to see, hear, analyze, and act upon key considerations.

Our goal is to increase entity-wide (i.e., Board room and C-Suite to functional areas and key stakeholders) understanding and confidence in key risk and reward capabilities via awareness, two-way open communication, management, accountability, and continual improvement.

ENTITIES

 

Each type of entity manages risks and opportunities unique to their organization to achieve their mission and strategies. Publicly traded company risk profiles and risk appetites are very different from a government agency or higher education institution.

 

However, all types of entities share a common goal of growing and protecting their reputations and trust with key stakeholders (i.e, customers, constituents, employees, investors, suppliers, communities, etc.). 

INDUSTRY

 

Each industry manages unique risks that drive different risk awareness and management approaches for entities to achieve their missions and performance objectives.

FUNCTIONAL AREAS

 

Each functional area operates and sees risks and opportunities differently based on their unique purpose, skill sets, approaches, and corresponding views (lenses).

 

RISK TRANSPARENCY

CURRENT RISK & REWARD AREAS OF FOCUS

RISK TRANSPARENCY

TRENDING RISK & REWARD TOPICS TO CONSIDER