Implementing ERM seems easy, however it is not easy, if the knowledge of “how to” is absent. If one does not have the knowledge, it is better for them to procure the knowledge. Trying to do it on your own may or may not work.
There is a body of knowledge about ERM implementation that is not discussed in ISO31000 or other publications. In CorProfit’s view, most of the practitioners out there don’t use software. It is imperative for you to have a solution that encapsulates appropriate IP in the risk programs you are doing with software that moulds itself to your processes and procedures. It follows that the software that you must support your ERM with involvement by excellent practitioners that add value.
After you have established your Risk Policy, Risk Framework and Risk Management Procedures and Risk (Maturity) Roadmap, it is time to implement. Our track record in using state of the art methodologies makes an invaluable contribution, to close potential gaps you have in achieving the level of implementation you envisioned, or we strengthen the capabilities that you have.