ERM framework
Governance
The board and committees
Risk charter
Policies
Procedures and playbook
Playbook
Culture and alignment
Communication
Objectives
People
Performance
Trust
Metrics
Risk appetite and tolerance
Risk diagnostic
Risk models
Risk radars
Risk universe
Strategy and goal setting
Process
Enhanced decision making
Integration
Enablers
Business units
Cybersecurity/IT
Finance
Human resources
Internal Audit
Legal
Regulatory compliance
Strategy
Respond
Prioritize
Identify
Monitor and report
Evaluate
Baker Tilly can help transform your organization’s approach to enterprise risk management with our comprehensive risk governance services. Risk governance is crucial to sustaining an effective enterprise risk management program.
Our team will collaborate with you to develop a risk charter—a critical roadmap for accountability and governance—tailored to your strategic priorities.
Our risk advisors work closely with boards, committees and leadership teams to design the key components of governance to align with industry standards and leading practices.
We craft policies, procedures and playbooks to clearly articulate stakeholder roles and responsibilities and operationalize the consistent application of risk management practices across your organization.
We help align risk management activities to your strategic priorities, establishing accountability at every level for managing risks effectively to achieve long-term success. Please click here to connect with one of our experienced advisors about Baker Tilly’s Risk Governance Services.
Baker Tilly believes that all successful ERM programs require the right culture and alignment to provide the foundation upon which an ERM program is organized and managed. This involves thoughtful coordination between stakeholder groups to communicate and align on the organization’s strategy, goals and objectives (both short- and long-term that avoid exposing organizations to too much risk). To facilitate this alignment, Baker Tilly offers educational risk management sessions to empower communication and foster a culture of trust amongst stakeholders and participants. This approach enables consistent risk informed decisions to be made.
We assist clients in integrating ERM into the business through a structured and collaborative approach that aligns existing risk management practices with the organization’s strategic priorities. Our goal is to transform risk management from a siloed activity into a cohesive, organization-wide effort.
As risks are constantly evolving, an ERM framework provides the foundation for remaining agile in pursuit of effective risk management. Baker Tilly offers a suite of enablers and product offerings to enhance and expedite the design and implementation of your ERM program.
Baker Tilly’s ERM process is continuous and dynamic, designed to enhance risk awareness, inform decision-making and establish a foundation to achieve an organization’s goals and objectives.
Our enablers promote the convenience of regular risk identification and assessment of new risks while re-evaluating existing ones to ensure they are managed effectively.
