ERM Program Development/Assessment

SQ Risk believes an effective enterprise risk management program requires subject matter expertise to continually manage and maintain activities. ERM programs also require evaluation on a routine basis for efficiency and effectiveness.

Applying ERM practices to support the tactical and strategic objectives of the company are challenging. However, when implemented appropriately, results offer a tangible return on investment. An effective ERM program should include:

  • Management Approved ERM Methodology
  • Risk Severity Rankings
  • Risk Categories (applicable to industry, region, and market)
  • Documented Risk Appetite
  • Risk Inventory

SQ Risk can assess current program state and recommend enhancements to align with the strategic goals the business.