The Enterprise Risk Management and Governance Services offered by Deloitte member firms assist boards, c-suite executives, and senior management in developing and deploying strategic risk management programs and processes. In today’s challenging market conditions, companies often have a lower tolerance for “surprises” and a greater need to manage risk holistically. Furthermore, certain regulatory rules requiring disclosures regarding the board’s role in risk oversight are driving the need for an enterprise-wide view of risk. To address these internal and external drivers, Deloitte member firms help clients and boards through the following services.
Enterprise Risk Management
The Enterprise Risk Management services offered by Deloitte member firms help organizations integrate risk management into their business and strategic processes to enable them to take risks to create value as well as respond to and mitigate risks appropriately. Deloitte provides a range of services to help member firm clients with their risk management issues, including:
Risk Reporting and Monitoring
The Risk Reporting and Monitoring services offered by Deloitte member firms help clients integrate risk management into businesses to enhance the reliability of risk monitoring processes throughout the enterprise, respond to and mitigate risks more appropriately, and take or exploit risks that can create value.
Risk Intelligent Processes and Systems
The Risk Intelligent Processes and Systems offered by Deloitte member firms help clients develop a common approach and language for addressing risks and integrating the many different organizations, such as strategic planning, internal audit, compliance, anti-fraud, and others, that focus on risk management every day.
Corporate Governance Benchmarking and Best Practices
The Corporate Governance Benchmarking and Best Practices services offered by Deloitte member firms focus on helping clients develop an understanding of how the board executes its responsibilities to help resolve latent issues, develop new vision, and become more effective and efficient.
Board Education and Awareness
The Board Education and Awareness services offered by Deloitte member firms help clients improve risk governance and oversight whether or not the board has established a formal risk committee.
Risk-Based Decision Support
The Risk-Based Decision Support services offered by Deloitte member firms help clients yield better decision making and more timely action to address risks, and more effective oversight of risk areas and strategies.