Jack helps to Improve Internal Audit Planning with Enterprise Risk Management

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Jack helps to Improve Internal Audit Planning with Enterprise Risk Management

Lara is an extremely proficient auditor in Alan’s company. She clearly understands that Enterprise Risk Management plays a key role in ensuring that the company audit programme is truly risk-based.   Jack helps Lara and Alan understand that ERM Software provides a risk-based approach, and discusses five advantages to add value to the internal audit process…

Jack helps to Improve Internal Audit Planning with Enterprise Risk Management was last modified: October 10th, 2014 by Mohammed Nasser Barakat



Operational Risks

Operational Risk Management and Innovation – Cure For Risks Faced In Organizations

Although it might sound surprising, a few businesses across the world still think that innovation and risk management do not go hand in hand. Innovation and risk management are increasingly seen as adversaries, rather than being complementary. When appropriately combined, the two can help organizations leverage on opportunities that spring from a risk-averse culture. On…

Operational Risk Management and Innovation – Cure For Risks Faced In Organizations was last modified: October 10th, 2014 by Mohammed Nasser Barakat



ORM Software

The 7 – Step Approach to Mitigate Operational Risk Management

Operational risks impact the reputation and financial stability of a business significantly. A lack of strong risk mitigation strategies results in various operational failures, leading to crises in organizational management. That is why many businesses have started procuring significant resources to design a more robust risk-management framework. Contemporary businesses are particularly keen to develop business…

The 7 – Step Approach to Mitigate Operational Risk Management was last modified: October 10th, 2014 by Mohammed Nasser Barakat



Mistakes to Avoid While Choosing ERM Software

ERM Pitfalls – 5 Mistakes All Industries Must Avoid While Using ERM Software

Many companies are increasingly turning to ERM to exercise greater control over their business and to gain a competitive advantage. Companies have begun to invest more in formal Enterprise Risk Management solutions, but often a poor implementation strategy has resulted in mixed results. Although an ERM solution provides many benefits, the organization needs to be wary of…

ERM Pitfalls – 5 Mistakes All Industries Must Avoid While Using ERM Software was last modified: September 9th, 2014 by Mohammed Nasser Barakat



ERM Strategies

ERM strategy – A Strategy to Know ‘Good’ and ‘Bad’

Risk management is the systematic procedure to discover, analyze, assess, treat, and monitor risk in an organization to diminish the unfavorable effects of loss. For such methodical process, it is imperative to have a strong risk management strategy in place, in order to augment business success and benefits. Although losses and risks are unexpected and…

ERM strategy – A Strategy to Know ‘Good’ and ‘Bad’ was last modified: September 9th, 2014 by Mohammed Nasser Barakat



Remidies

Operational Risks Management – Causes and Remedies

What are operational risks? Banks and other financial institutions face losses from a failure to manage internal processes and systems. Operational risk arises from disruptions to daily operations that contribute to direct or indirect losses. Managing and understanding key operational risk has grown exponentially over the past few decades. This has generated a need to…

Operational Risks Management – Causes and Remedies was last modified: November 3rd, 2014 by Mohammed Nasser Barakat



Infographics – A GRC Guide (Governance, Risk and Compliance) to Organizations

GRC Guide

Guide to GRC, Governance, Risk, and Compliance Management

Infographics – A Governance, Risk and Compliance GRC Guide To Organizations – An infographic by the team at Corporate Governance Consultancy

 

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Enterprise Risk Management Solutions UK

How Large Scale Organizations Deploy ERM

Large scale organizations need to follow a structured approach to deploying ERM. This involves understanding the risk appetite and risk philosophy of the organization at the inception. ERM strategies involve basing your risk mitigation foundation on the following key principles: Relevant roles and functions to be defined. All directives flow from senior management levels down…

How Large Scale Organizations Deploy ERM was last modified: May 6th, 2014 by Mohammed Nasser Barakat



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