Driving the understanding and assurance of strategic risk to address the requirements of today and the challenges of tomorrow.
Our integrated Risk and assurance team support organisations in the identification, assurance and management of their strategic risk and regulatory challenges. We provide a tailored solution, from standalone business process reviews through to complex multi-country assignments, utilising our global network of professionals
Addressing strategic risks is an organisational imperative – both to protect value and to maximise opportunities. Our advisory services support organisations in developing, refreshing and embedding risk management practices. We believe that setting, communicating and understanding risk appetite and culture are critical to the success of our clients. Our services are underpinned by a range of technology solutions, ranging from standalone risk management tools through to an integrated Governance, Risk & Compliance platform.
Internal Audits role is evolving, with the increasing number of organisational failures and emerging technology risks highlighting the need for a value adding, challenging and truly independent internal audit service. Our teams utilise an established methodology, enhanced through the use of technology and integration of new thinking.
The world, and the business world in particular, is facing change at an unprecedented rate. Gone are many of the old certainties, as the history of many corporations can testify. And change brings with it risk. Those of a certain age will remember GEC, ICI and Austin Morris as towering giants of an earlier corporate age. None of those giants, however, adapted to the challenge of the changes they needed to make to survive and all have gone the way of the dinosaurs.
Risks are flying at business in a bewildering range of different shapes and forms: technological, a less certain political landscape, economic, climate, the list goes on. Each of those risks requires a measured and calculated response, in an appropriate timescale.
Ratings agencies, listing exchanges and regulators around the world expect management to identify, assess and respond to risks in a prudent fashion. In addition, each of these constituents expects the board of directors to share in management’s responsibility for risk management and assessment.
As broader stakeholder expectations for risk management and risk assessment continue to increase, many board members and senior executives have come to appreciate the benefits of ERM. They expect their organisations to:
Effective risk management and good governance are the bedrock of all successful organisations. If this goes wrong the ramifications can be deeply damaging. Where organisations get it right they can become more efficient, more effective and better at delivering what their customers want.
It is quite straightforward really: the less that goes wrong in your organisation, the less (unexpected) cost you will incur when putting it right.
The reality is that few organisations take stock and ensure their risk management and governance arrangements are as effective as they should or could be. This often only changes when the organisation is driven by regulators to do so, or when the cracks are starting to show – though by then it is often too late.
BIZ PEARL CONSULTING’s governance and risk consulting team is here to help you ensure that you get the most value from your governance and risk management. We achieve this through reviewing, refining, designing and implementing practical and proportionate governance and risk management solutions.