Massive government interventions in the financial sector may have prevented even more calamity, but great uncertainty still lies ahead.
So it’s imperative that you form a strategic view of all the risks you now face. This means defining what your key risks are, weighting their probability and impact on business drivers – and developing your thinking on actions to take.
EY can support you in this. We can undertake risk assessments that go beyond financial and regulatory risk to consider the wider environment in which you operate. We can conduct scenario planning for your key risks to make sure your risk management processes are linked to the actual risks that your business faces. And we can help you put in place effective monitoring and control processes that give you earlier warnings, and enable you to respond quickly and effectively.
This rigorous and disciplined approach to risk management helps you safeguard the future of your business – and supports you in facing the challenges of the recession.
There’s no reward without risk: GRC survey 2015
Our global governance, risk and compliance survey shows organisations need to think about, manage and respond to risk differently. Learn how to become more risk-aware.
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Why digital governance matters
The digital era has created new opportunities for business models and customer interactions. Are you ready for the great potential and significant risks?
Building trust in the cloud
Rapid escalation of cloud services creates risk. Use our Cloud Trust Model to balance those risks with the value the cloud provides to your organization.
Governing the cloud
You can drive innovation and empower your workforce through responsible adoption of cloud computing. Is your governance model encouraging a “cloud-first” culture?
Creating an agile control environment
The impact of tighter internal controls is often overlooked. Learn how COOs can balance risk and operational efficiency to promote growth and drive shareholder value.