I’m excited to share two game-changing trends that are reshaping our industry.
1. Risk Maturity Models
Remember when risk management was siloed and fragmented? Those days are gone!
Risk maturity models can help to:
- Consolidate risk workflows
- Centralise risk information
- Improve cross-departmental communication
- Increase risk prediction accuracies
2. Holistic ERM Approaches
It’s not just about numbers anymore. It’s time to shift towards a more holistic approach that considers the human element.
Here’s what can be implemented:
- Risk-aware culture training for all employees
- Behavioural risk assessments
- Sustainability-focused risk strategies
- Resilience-building workshops
So how can it all help? It can lead to reduction in risk incidents and a more engaged, risk-aware workforce!
key takeaway
ERM is no longer just a compliance checkbox. It’s a strategic tool that, when implemented holistically, can drive organisational resilience and sustainable growth.
What ERM trends are you seeing in your organisation? Let’s discuss in the comments!