Enterprise Risk

While business-as-usual sounds enticing, there is no longer a “usual”. Many companies have realised that risk management is not just about keeping existing processes in shape but has evolved to be the ideal tool to identify and embed best-practice, measure, and resource innovation, develop cross-domain resilience and maintain an overall culture of questioning, learning, and sharing.

Is it realistic to assume that your business is robust and resilient unless you are managing risk at every interface and from bottom-up and top-to-bottom perspectives?

Meercat RiskView Enterprise Risk Functionality - Treat and monitor all enterprise risk

To Succeed:

The justification that specific types of risks are special and therefore require a separate approach, framework or system just does not wash, in any organisation: you need the same ruler across every process.

The majority of risk management processes can be devolved to the same operations and maintenance personnel that run the business.

Every risk has a reputational dimension and an organisation's capacity to respond ahead of expectations can create value even in the face of operational disruption.

Resourcing investments that strengthen flexible and redepoyable infrastructure can lead to catching the next wave faster: but which infrastructure?

What Good Looks Like:

Top down and bottom up identification processes cover all business activities utilising consistent processes and templates to ensure uniform engagement, treatment, and monitoring of all risks.

Transparency across all activities ensures best and worst-practice can be identified, learnt from and shared.

Common units for all risk dimensions provides consistency for KPI reporting, threat assessment, and resource allocation.

Highly utilised common controls can be identified and supported enterprise-wide, providing cultural alignment around best-practice for all categories of exposure.

To read more on this topic take a look at:

NC State University Article: Today’s risk management challenges – It’s a small world after all

From both the formal plenary presentations and my informal conversations, I was struck by the consistency of risk management challenges in the organizations represented at the conference with those challenges I often hear and observe from work I do with U.S.-based organizations. The issues are mostly the same, regardless of where the organization may be based, reminding me that certain realities are true wherever we are in the world and that the world in some ways is “small after all.”

Here are five key themes I heard over the two days of the conference that seem to ring true for organizations around the globe. Read More

Corporate Compliance Insights Article: 3 Common Challenges to ERM

Companies are finally beginning to abandon the historical practice of approaching risk management in silos. Many are beginning the migration to a more integrated and consolidated enterprise-wide approach. The justification for this movement is clear: each area of risk management generates information that supplies insight to the other areas, and they have a collective impact on the technology, processes and people of an organization. Tackled individually, the requirements become unmanageable. But when carried out on a common platform, a company gains valuable perspective — the viewpoints of the board of directors and executive management become one and the same. Read More

Benefits

Meercat RiskView Benefit Ease of Use

Ease of Use

With Meercat Riskview training is made simple and the software is intuitive – it’s easy to use for anyone. You can automate tasks so nothing falls through the cracks. Best of all you can save time and money with our user-friendly software.

Meercat RiskView Software Benefit Drive Standardisation

Drive Standardisation

Eliminate human errors by customising your own templates in our software that will integrate seamlessly with your current systems. This minimises variation across all aspects of your risk assessment and control verification processes.

Across Devices, On and Offline

Use our cloud-based software whether in the office or in the field. Even in areas with poor signal you can use our critical control verification and auditing features offline and synch all of the data once you are online. You can also use certain features on any device, giving you access to your information and data anywhere at anytime.

Meercat RiskView Software Benefit Accelerate Risk Management Maturity

Accelerate Risk Management Maturity

Maximize your business success with risk-informed strategic decision making.

Meercat RiskView Software Benefit Single View of Risks and Controls

Single View of Risks and Controls

Eliminate spreadsheets and versioning headaches with our software. We help you control and watch any potential risks at a glance. Dissolve risk silos by bringing together risks from across your business in a single easy to understand view.

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