Acknowledging your organization's risk appetite and getting Board buy-in is a world class governance practice.
Managing business risk is becoming increasingly challenging in our global economy where geopolitical risk, merger's, acquisitions and divestitures change your company's global risk profile on a monthly basis if not more often. Lemaire Consulting offers strategic and tactical measures to manage a broad view of your company's changing risk landscape. Our methods consider a wide range of external and internal risk factors.
Types of risks considered: --internal control risk (including susceptibility to fraud) --personnel (knowledge, skills, and abilities) --succession planning --IT system and data integrity --process complexity --process criticality --geopolitical risk --country software piracy rates --country bribe payer indecis --environmental risk (e.g., global warming) --and many others
Lemaire Consulting will help you and your risk owners develop risk response action plans. These actions may be to: --Avoid --Accept --Reduce --Share
When completely implemented Business Risk Management provides an entity-wide portfolio of risks and actionplans to meet your risk tolerance specifications.
Critical Success Factor:
√ Know your organization's cummulative global risk profile.
