Risk Management Knowledge Transfer

Knowledge transfer services on building and sustaining the strategic value of the ERM program, focusing on top-tier risks.

Our team guides risk scenario definitions, and the appropriate application of COSO, ANSI, ISO and APQC standards.

Work sessions facilitate common language adoption and the development of repeatable procedures for ERM assessments, surveys, monitoring and testing. Clients gain ERM process insights and an understanding of interdependencies among risks, goals, strategies and general ledger accounts.

If available, we document accountabilities, key risk indicators and potential losses. We highlight specific capability gap details and insights into existing controls definitions.

Risk Scans Functional risk scans by 3–5 business process owners

Interviews Clarify risk scan results using capability gap findings

Documented Risk Scenarios
What, When, Where, How, Why

Risk Determinations A single override company-wide score for risk impact, likelihood and gaps in capabilities

Workshops Facilitated sessions with business owners to review results, gain consensus and establish priorities for risks response and monitoring

ERM “How-To” Guide A limited scope briefing on building and sustaining repeatable ERM processes, including:

Consensus risk levels
Capabilities and response options
Emerging ERM culture challenges

Board Report A sample risk management briefing book for the Board of Directors

Duration 2–3 Weeks