To effectively fulfill these responsibilities, Directors and Senior Management must comprehend the organisation's compliance obligations, conduct thorough risk assessments, and be aware of the enterprise risks and their impacts on the organisation's ability to achieve its strategic objectives, including aspects of business continuity and risk mitigation, risk assessment
Senior management has the responsibility to establish and maintain an enterprise risk management (ERM) framework that aligns with the International/Australian Risk Management Standard, ISO/AS 31000:2018. This framework should support effective risk assessment and ensure adequate risk mitigation measures are in place to promote business continuity.
ERM compliance assessments and internal audits play a crucial role in ensuring business continuity by identifying potential risks. Our services include ERM program development and enhancement, which focus on effective risk assessment and risk mitigation strategies. We also offer ERM extended delivery and secondments, alongside comprehensive risk assurance assessments and internal audits. Additionally, we provide ERM training, socialisation, and embedding to ensure that all team members are aligned with our risk management goals. Lastly, our ERM Manager extended delivery and secondments ensure continuity in leadership and risk management efforts.
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