Background
Enterprise Risk Management is a process that should serve as an advanced warning system to highlight potential threats to the core existence of an organization. The desire and need for comprehensive Enterprise Risk Management (ERM) programs is being specified more and more by regulators, investors and other stakeholders. Statistics show that only a small percentage of entities have successfully implemented an effective ERM process.
YCN
YCN offers a pragmatic approach to establishing or upgrading your ERM process. Many organizations fail because they view ERM as an all or nothing proposition. YCN believes ERM is an iterative process that continues to mature with age and experience. Even a relatively new ERM process, if constructed properly, will provide valuable insights to guide key management decisions in protecting organizational stakeholders. We can also assist in integrating ERM throughout other aspects of organizational risk, control and governance frameworks.