Enterprise Risk Management
Enterprise Risk Management (ERM)
Whether your business is in a growth stage, or you are a newly established entity, risk is an inevitable part of your organization. Identifying and managing risks can seem difficult and overwhelming. However, an active Enterprise Risk Management (ERM) program can help minimize risks and recognize opportunities across your organization.
CBIZ’s Approach to Enterprise Risk Management: Simplify, Strategize, & Secure
In today's complex business landscape, effective risk management is essential for driving sustainable growth and protecting organizational value. At CBIZ, we understand that navigating risk requires more than just a one-size-fits-all approach. That's why we offer tailored ERM solutions designed to meet the unique needs of your organization.
Does your organization speak the same risk language?
We believe the right risk language is a key component of a highly functioning ERM program and an overly complicated ERM framework results in little to zero value. Through our many years of experience, we have developed a straightforward approach that is tailored for your organization to identify, evaluate, and monitor the right key risk factors that could derail your organizational objectives and strategic goals. Our approach to ERM helps break down company silos and promote communication and coordination across your business while encouraging a common risk language that all your employees can understand and utilize.
ERM Framework
Our ERM Framework defines essential components and principle in a common language. This can be viewed in the context of the following areas:
Areas of Focus
Our comprehensive ERM solutions provide you a strategic plan that helps identify the areas and outcomes you have no control over, minimize the risks you can control, and maximize the risks that bring benefit to your operations. We focus on key parts of organizational function including: