Enterprise Risk Management

Your trusted guide to a successful Enterprise Risk Management journey

ERM Risk Gov Culture

Organisations are demanding value beyond “enterprise risk listing” activities and the inertia that can impact an Enterprise Risk Management (ERM) programme that loses momentum. They want and need ERM programmes that help them anticipate, adapt, and respond to changes, focusing efforts and resources on risks and opportunities that can impact their strategy and performance.

We provide forward-thinking Enterprise Risk Management Services that integrate strategy, business planning, and key decision-making processes to drive better business performance.

ERM Risk Gov Culture

Survey

December 11, 2025
8 min read

Top Risks 2026: Executive Perspectives & Growth Opportunities

Protiviti Top Risks Report 2026 shares executive insights on Gen AI, agentic AI, cyber threats and economic risks.

Our Enterprise Risk Management services

We enhance and add value throughout the different stages of your ERM programme.

ERM Maturity Assessment

Understand your current state and develop a road map to enhance or automate your ERM programme.

 

ERM Foundation

Establish governance and setup your ERM organisation and framework, taking into consideration your organisation culture, maturity and risk appetite.

 

ERM Enabling Technology

Select and deploy Governance, Risk and Compliance solutions to help you automate your ERM programme.

 

ERM strategy and Business Planning

Define and set priorities for your ERM programme including investments, strategic decisions, and risk back analysis.

 

ERM Execution

Implement your risk management programmes, including market, operational, cyber, vendor, innovation, business continuity, crisis management, and digital transformation.

 

Risk Index for Risk Measurement, Monitoring and Reporting

The Protiviti Risk Index™ helps business functions to become an enabler of growth through efficient tools for risk identification, aligned reporting, and actionable analytics.

 
ERM consulting services

Our approach

Our Risk-Informed approach changes the ERM conversation

Our proprietary methodology provides management and the board with relevant risk and opportunity information to support decision-making during strategy setting and performance management. This allows companies to accelerate the alignment process with the new COSO ERM principles and related best practices. Our approach supports the development and evolution of an ERM programme that is:

  1. STRATEGIC: Considers the impact of risk on strategy and performance
  2. BALANCED: Measures both risks and opportunities
  3. INTEGRATED: Is integrated with strategy setting, planning, and business execution
  4. CUSTOMISED: Reflects organisational business needs, expectations, and cultural attributes

Each ERM programme and its goals are unique and influenced by organisational culture, strategy, and business goals. Therefore, we describe ERM as a journey because it is evolving and not a straight road to success.

We can tailor our programme to fit your maturity, risk culture, and risk management needs and expectations.

ERM consulting services

Relevancy in today’s digital world

Our technology consulting professionals become your trusted advisors, providing insight and strategic vision through a unique blend of technical proficiency, project experience, and business knowledge. We leverage emerging technologies and methodologies to deliver results that drive performance and growth while managing risks.

Frequently asked questions

What is Enterprise Risk Management (ERM)?

+

Enterprise Risk Management (ERM) is a strategic approach that helps organisations identify, assess, manage, and monitor risks that could impact their objectives. It integrates risk management into governance and decision-making, enabling organisations to understand threats, evaluate their potential impact, and implement effective mitigation strategies.

By embedding ERM into everyday operations and leadership processes, organisations can strengthen resilience, improve decision-making, protect value, and confidently navigate uncertainty while pursuing growth opportunities.

Why is ERM important for organisations today?

+

ERM is essential for organisations operating in an increasingly complex and uncertain environment. It provides a structured way to anticipate risks and opportunities, improve strategic planning, and support informed decision-making.

By strengthening organisational resilience, ERM helps businesses respond effectively to disruption, protect their reputation, and sustain long-term success while remaining agile and competitive.

What are the key components of an effective ERM framework?

+

An effective ERM framework typically includes:

  • Risk identification to recognise potential threats and opportunities
  • Risk assessment to evaluate and prioritise risks
  • Risk response strategies to manage or mitigate risks
  • Monitoring and reporting to track effectiveness and drive improvement
 

Embedding these components into governance and daily operations ensures consistent risk awareness and supports better strategic outcomes.

How does Protiviti ensure continuous improvement in ERM processes?

+

Protiviti supports continuous improvement in ERM by conducting regular assessments, embedding data-driven insights, and encouraging collaboration across business functions.

Ongoing training and awareness initiatives help strengthen risk culture, while analytics and performance monitoring ensure ERM evolves alongside changing business priorities and risk profiles.

What industries in the UK benefit most from ERM?

+

Industries such as financial services, healthcare, government, energy, and large multinational organisations benefit significantly from ERM due to their complex operations and exposure to a wide range of risks.

ERM helps these sectors proactively manage uncertainty, strengthen operational resilience, support strategic growth, and maintain confidence among stakeholders.

Loading...