Enterprise Risk Management (ERM) is an integrated approach to managing risk across an organisation. People and a positive risk culture are key to any organisation achieving their strategy and objectives, particularly around ERM.
Our Risk Intelligence Discovery Process is an essential tool to gain an in-depth insight into the risk intelligence that exists across your organisation. In understanding this, an organisation has the information required to unlock the secrets to maximising your peoples potential.
Key aspects driving this are the individual risk appetite and tolerance levels of those people responsible for implementing company strategy, objectives, values and culture. This solution enables the organisation to understand an individual’s predisposition towards risk.
The Risk Intelligence Discovery Process is a three-part report, designed to give insight into a person from three separate but intrinsically linked areas.
This first stage is where people think and make risk based decisions. When it comes to risk, people firstly have a personal perception of risk, made from your sensation and attention. Behaviours you display are made by value judgements of your perceptions – this is your reality and ultimately is the base of your risk based decision making!
The second insight is about the values and motivations a person has about the decision they’ve just made. These values determine levels of engagement and performance.
The third insight we measure is the behaviours. It’s the two previous insights that create the third, therefore enabling us to more accurately predict what a person’s risk behaviour in any given situation is likely to be.
This journey you are about to embark on is a window of opportunity that will allow you to understand yourself; what drives you, what discourages you, and your level of risk awareness.
We will work with you to discover your true self and understand the personal qualities and behaviours you possess which will ultimately enable you maximise opportunities, minimise threats and build a proactive risk culture.