ERM Readiness and Diagnostic Services

CorProfit offers an ERM Preparedness Service.  This has been researched to deal with the rolling out of ERM programs and setting these on a course for success.

As mentioned elsewhere, the ISO31000 is not a prescriptive Standard that enforces one particular way.  Rather it leaves you to design a Framework and Procedures approach that is appropriate to your industry and company operations.

It follows that Risk Management is seen as a performance management discipline (rather than merely as compliance) and the best frameworks will make a difference in achieving superior results in a competitive global market place).

The aim of the CorProfit ERM Preparedness Service is to look at your current situation to be able to implement ERM successfully.  We lay out the key pillars of ERM that first need to be in place before you implement, as that is where you will incur the bulk of your costs. For example, we ensure that your policies, framework, procedures, processes, tools, software, structures, etc. are strong enough to be rolled out.

Any omissions in policies, framework, procedures, processes, tools, software, structures, etc will inevitably show up at some future stage and cause impediments to your progress in implementation ERM.  Unless you deal with this in the first place, the problems that crop up down the track may require significant re-work.

CorProfit has a systemised approach to the ERM Readiness which gives you a diagnostic against some scores and indicators, enabling you to proceed more smoothly and with better outcomes.  The ERM Readiness becomes a diagnostic tool that is used at each significant stage of your ERM journey and can be run by yourselves after CorProfit has worked with you on the first one or two uses of ERM Readiness.