Category: Enterprise Risk Management

There are many ways the 52 Risks® framework can be used by business owners, managers, investors, and analysts to gain a deeper understanding of the risks that any business may face.

Enterprise Risk Management (ERM) is now widely accepted as a credible and valued business activity. Many businesses, however, have difficulty identifying, assessing, and documenting the range of risks that they face.

The key to the successful implementation of an ERM program across an organization is getting the balance right between ‘micro’ operational risks – many of which are still important – and key strategic business risks.

Top-down or bottom-up risk assessment ? The 52 Risks framework provides a risk management tool to do both. With all 52 Risks on one page, directors and management can seek to identify and then consider the business risks their organization will face.