Risk Management

When making important strategic, financial, and operational decisions, decision-makers must consider risks related to information and associated trade-offs. We support our clients in integrating risk-return-related considerations into the decision-making process and routine processes. We pay particular attention to ensuring sound risk reporting, monitoring, and control functions.

Everyone in an organization has some responsibility in managing risk across the organization. The right structural and organizational choices, the description of roles and responsibilities, as well as the appropriate definitions of administrative units and reporting lines are critical to ensuring robust and effective enterprise risk management. We help clients define overall governance as well as the organization of the relevant risk and other control functions and determine how they should interact with one another and other parts of the organization. Furthermore, we provide granular benchmarks on the appropriate size for different risk and control units.

Mind-sets and behaviors of individuals and groups inside the organization play a crucial role in executing a company’s enterprise risk-management strategy. We help clients develop a specific and detailed description of the core elements of a company’s risk culture, an analytical approach toward measuring and profiling that culture, overarching industry-specific benchmarking, and identifying specific levers for actively influencing and developing a risk culture.

We turn strategic and economic priorities and growing aspiration levels into a true competitive advantage, ultimately improve business decisions and increase the organizations’ value in a risk-conscious way.