Service Type: Enterprise Transformation
Project: Enterprise Risk Management Assessment
Context:
Our client’s Business Unit ERM program was divergent from its Corporate ERM program.
Approach & Results:
Approach: Our project team specialists evaluated both the Corporate and Business Unit ERM programs. Both programs showed differences in methodology, approach, and risk categories. Our team performed multiple variations of assessments to align under one broader ERM program. Assessments covered online interviews, in-person interviews with senior personnel, and subject matter specialists to aggregate views using the MARCI (Mitigation, Assurance, Redeployment, and Cumulative Impact) approach to graphically report risk information.
Results: Synchronized ERM program across the enterprise, aligning people, process, and technology across key risk categories, risks, and mitigation plans.