Enterprise Opportunity and Risk Management
GI is a strong believer in applying the key principles of enterprise risk management (ERM) as set out in ISO 31000 Enterprise Risk Management.
GI also takes the view that risk management is not only about the negative - it is also about the positive. Accordingly GI proactively seeks to identify and assess opportunities when undertaking any risk management activity within an organisation.
Opportunity and risk management practices need to be effectively applied at all levels across an organisation covering corporate, operational and project exposures. GI is very well placed to advise on or assist with the implementation of good practice enterprise risk and opportunity management across your organisation. One example of the way in which GI can assist with this process is to apply the ERM Maturity Analysis model to your organisation to assess gaps in regards to approach, deployment, results and improvement across 8 key elements of good practice ERM.
GI also provides opportunity and risk management advice and services covering other key areas including:
- ERM
framework development and action plan to implement
- ERM
review – assisted self-assessment or independent review
- Review
of existing risk information considering adequacy of coverage and actions to
mitigate
- Review
of opportunity management practices
- Identification
and assessment of emerging risks and emerging opportunities ERM training at a
corporate, operational unit or project level
- ERM
training for directors and Audit and Risk Committee members
- Risk
assessments to inform Strategic Internal Audit Plan development
- Specific
risk assessments eg major or special project, new delivery channel, fraud and
corruption Event or incident investigation to establish root cause and enduring
solutions
- ERM
system selection and implementation
- Business
continuity
- Workplace
Health and Safety, Environment and Quality management systems
GI also has ready access to cloud-based resources to enable the capture and presentation of key risks and opportunities across your organisation. GI can collaboratively work with your organisation to help identify those areas where most value can be achieved through a better understanding of your opportunity and risk management practices at an enterprise, operational or project level. We are more than happy to have a no obligation discussion on a collaborative way forward.
To access a selection
of GI’s enterprise risk management and opportunity resources including the ERM
Maturity Analysis model click here.