Tailored frameworks
End-to-end support
Proven expertise
Our approach to enterprise risk management
Unpredictable markets mean organisations have less tolerance for surprises – and a greater need to manage risk.
Change may bring uncertainty, but with the right approach, it can also create opportunity.
Enterprise Risk Management (ERM) is a proactive and ongoing approach to managing risk across your entire enterprise. It enables you to identify and address risk exposures that could prevent your organisation from achieving its strategic goals. Our ERM services act as an early warning system, providing the insight and signals needed to stay on track and avoid costly disruptions.
Boards and senior leaders can only make informed decisions when they fully grasp both the level of risk an organisation faces and its appetite for risk in the pursuit of value creation. ERM is not static; it evolves alongside your business and market conditions.
If you want to strengthen your organisation’s ability to anticipate risks, adapt to change and protect long-term value, our team is here to help.
Contact RSM’s risk advisory specialists today to start building an ERM framework that keeps your business on course.
Our team is well-versed in key ERM standards, including COSO ERM and the principles of ISO 31000
Our ERM team partners with you to embed a customised risk strategy aligned with your business and appetite, including
Risk framework development
Designing and implementing tailored enterprise risk management frameworks.
Risk assessment and prioritisation
Identifying and prioritising risks to focus resources where they matter most.
Control effectiveness reviews
Evaluating existing controls to ensure they are effective and efficient.
Risk treatment strategies
Developing practical strategies to mitigate, transfer or accept risks.
Risk validation and monitoring
Establishing processes for ongoing risk monitoring and reporting to leadership.
Already have an existing ERM framework in place?
RSM can also provide isolated ERM services to further enhance your risk function:
- Risk assessments and workshops (combined top-down and bottom-up approach)
- Evaluation of risk management frameworks assessing against best practice
- Development of enterprise risk appetite statements and its communication throughout your organisation
- Risk maturity and cultural assessments
- Evaluation of risk reporting and development of risk profiles
- Assessment, design, and implementation of a strategic risk register
- Risk management software systems
- ERM training
Get in touch with the ERM team
Taking steps to manage risk today ensures you protect your business and its operations in the future.
FAQ's
Unlike traditional risk management, which is often reactive and siloed, enterprise risk management is a proactive and integrated approach. It embeds risk awareness into strategic decision-making across the entire organisation, fostering a resilient, risk-aware culture.
An effective ERM policy includes clear risk governance, a defined risk appetite, structured risk identification and assessment processes, mitigation strategies, and ongoing monitoring. Our ERM services help integrate these components with your business strategy to cultivate a risk-aware culture and drive continuous improvement.
While all industries benefit from ERM, those in highly regulated or complex sectors—such as healthcare, energy, technology, and government—gain the most. The scale and potential impact of risks in these areas make proactive enterprise risk management essential for success.