Enterprise Risk Management
In today’s challenging regulatory environment, you need assistance coordinating risk management processes to stay focused on strategic business objectives. BKD’s insightful advisors can help you develop an enterprise risk management (ERM) framework designed to identify, analyze, respond to and monitor potential risks facing your business.
Our integrated and coordinated approach targets risk management functions with a customized ERM framework to fit your needs. BKD professionals help you enhance and synchronize your existing risk assessment suite rather than reinventing your company’s structural integrity. In addition to helping improve your ERM framework, our knowledgeable professionals can assist with a range of services aimed at evaluating and monitoring ancillary risk components.
BKD offers assistance in many ways:
- Assessing current strategic, operational, reporting and compliance objectives
- Understanding how risk is assessed
- Investigating processes of ERM components
- Aligning company objectives with ERM components
- Identifying gaps with company strategy and other objectives
This assistance can offer several potential benefits:
- Reduced risk
- Controlled costs
- Enhanced reporting to management
- Better use of resources