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Birmingham, United Kingdom and Atlanta, Georgia – International sustainable profitable growth and enterprise risk management (ERM) expert and speaker Gary W. Patterson’s article “Sanity Check Your Enterprise Risk Management” is published by Risk & Compliance, a member of Financier Worldwide. https://riskandcompliancemagazine.com/sanity-check-your-enterprise-risk-management
Position your organization for success — and avoid letting unforeseen risks damage your profits or your reputation. How? Consider where your sanity check of seven basic building blocks can add value to your ERM system, its effectiveness, and its value versus the monetary and personnel resources invested.
- What is ERM — and why should you care?
- Which mandatory policy decisions should exist in your program?
- What other elements are necessary for an ERM program?
- What is the appropriate risk context for your organization?
- How is an effective risk culture developed?
- How are potential risk events categorized?
- What are the primary types of risk responses?
On a score of 1 to 10 for each of these areas with a 1 being “our business needs to address this now” to 10 being “we have this covered and spending more time on it would divert us from other more important activities,” where can you and should you “do better?”
To discuss any of these in more detail, your situation, or how your top issues differ, call Gary Patterson at 1-678-319-4739. Clients call him their FiscalDoctor® and just as every person needs a medical doctor; every organization needs a FiscalDoctor and periodic fiscal checkups. He also supports special projects for risk assessments, enterprise risk management (ERM), operational risk management (ORM), fiscal checkups, corporate governance, strategic planning updates, and strategic growth diagnostics.
About Financier Worldwide
Financier Worldwide is a leading publisher of news and analysis on the global business and finance market place. With leading products such as the monthly print publication, Financier Worldwide Magazine, the organization has become recognized as a leading source of intelligence to the business and corporate advisory community. www.financierworldwide.com
About Fiscal Doctor Inc.
FiscalDoctor Inc. enables growth through leverage you did not know you had and works with leaders to uncover million dollar holes to make the best business decisions and dramatically accelerate correct fiscal leadership decisions. This helps leaders regain control of their financial destinies and capitalize on hidden high return opportunities, while limiting exposure to risk.
Patterson, a Big 4 CPA with a MBA degree from Stanford University, speaks regularly and leads strategic working sessions on topics such as corporate governance, risk management, strategic contingency planning, achieving corporate financial goals, and building long-term wealth.
His book Million Dollar Blind Spots: 20/20 Vision for Financial Growth provides cutting edge follow-up for blind spots: how to identify them, and exploit opportunities and mitigate risk related to million dollar blind spots. Visit his website at https://fiscaldoctor.com and “free” fiscal fitness test at https://fiscaldoctor.com/fiscal-quiz/ , or call 678-319-4739.
© Gary W. Patterson. ###