Enterprise Risk Management

Risk Management is a process, effected by an entity's board of directors, management and other personnel, applied in strategy setting and across the enterprise, designed to identify potential events that may affect the entity, and manage risks to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives. ERSG has the capacity to develop and implement EWRM systems for operational risk and assist with compliance to Global Reporting Initiatives [GRIs].

Risk Solution Type	Description	Read more
Business Continuity Management (BCM)	The Joint Standards Australia/Standards New Zealand handbook for Business Continuity Management (HB 292: 2006) defines business continuity as: ‘Business Continuity Management provides the availability of processes and resources in order to ensure the continued achievement of critical objectives.
BowTie Analysis (BTA)	The BowTie has become popular as a structured method to assess risk where a qualitative approach may not be possible or desirable. The success of the diagram is that it is simple and easy for the nonspecialist to understand.
What if Checklist Analysis (What If)	What IF/Checklist Analysis is a combination of What If Analysis and the Checklist Analysis. When used by an experienced team, What If/Checklist analysis has the potential to be an extremely powerful technique.
Emergency Response & Disaster Management	Emergency Response and Disaster Management is a key component to successfully responding and mitigating the effects of any major incident within an organization. Done correctly it can significantly reduce the response time and effects of a severe incident..