Strategic Risk Management

Challenge: Understanding the risks that are inherent in the company's strategies, operations, management, finances balancing effective risk management with innovation, and seizing opportunities (in the risk-opportunity balance) driving strategic risk management to all corners of the enterprise.

Strategic Risk Management Advice, Strategies and Programmatic Approaches

Consider that risk management is of critical importance to corporate boards, C-Suite executives, function and line management and other leaders in the corporation. Strategic Risk Management comprehensively addresses both risk (and elimination and mitigation or reduction of risk) and opportunity (inherent for smart managers in almost all risk situations).

The "umbrella" over all corporate ESG and Sustainability strategies and programs is Strategic Risk Management (SRM). The G&A Institute team members have many years' of experience in SRM and the component elements: Issue Management; Emergency Preparation, Crisis Preparedness, Crisis Response, Crisis Recovery, Rebuilding post-Incident, and Assurance of Business Continuity. The lessons learned both positive and negative in more than 300 corporate, government and social sector engagements are applied in our work for clients, and have been excellent preparatory steps in our long-term foundational work in ESG and Sustainability. These lessons learned are valuable resources to clients.

Pulse-taking for Enterprise Risk Management (ERM) Assessment

What are the specific risks and opportunities inherent in ESG and Sustainability issues? These can include the evolution of corporate disclosure and reporting on climate change issues on water issues on supply chain challenges on traditional governance issues.

The Institute's team members have collective decades of experience in helping corporate leaders manage critical issues and crises events, from preparation and response through recovery and restoration, and rebuilding post-crisis to assure business continuity. 

We monitor trends and Best Practices in issue management; today, the focus on Sustainability and ESG issues dramatically raises the bar for ERM in large corporations. The Institute can assist in the design, implementation, fine-tuning of programs, training, and other aspects of Strategic Risk Management (SRM).

G&A Institute team members are available to discuss SRM services and proprietary knowledge management resources for your organization.

Bottom line: Risks and Rewards are part of every leader's success in operating a business organization in the New Normal of the capital markets. Balancing risk and opportunity is key; there are abundant real or potential threats to the well-being (and sustainability) of the corporate enterprise. Close attention to a company's ESG Key Performance Indicators (KPIs) will help to improve both halves of the Risk and Reward whole and make the overall enterprise more attractive to investors and stakeholders.

SaaS Solutions For Critical Information Management
In today's competitive marketplace, companies are expected to be open for business no matter what happens. Experience shows risk managers need an efficient, easy-to-use system to help facilitate a planning process that also gives them real-time access critical documentation during an incident or significant business disruption. Important documentation will depend on the type of organization and the industry but might include employee contact information,facility emergency plans, business continuity and disaster recovery plans, crisis communication arrangements and other important informaton that would benefit from being within reach at a moments notice which could mean the difference between managing the event or going out of business.  

Find out more about the Critical Information Management System (CIMS) Here..