India

Enterprise Risk Management 

Enterprise Risk Management (ERM) is an organization-wide  approach to the identification, assessment, communication, and management of  risk in a cost-effective manner – a holistic approach to managing risk. As part  of this holistic approach, we focus on the following critical areas:

Key aspects of our ERM approach:

  • Common language, methodology, and policy that drives risk management and helps enable holistic risk picture
  • Robust risk information considering stakeholders’ needs within context of strategic objectives
  • Clarification/enhancements of roles and responsibilities, including establishment of embedded business risk units
  • Enhancement of risk management process including identification, management and reporting
  • Risk-savvy culture and embedded competencies in performance cycles, training and communication
  • Formal periodic monitoring of industry trends and constituencies' needs.
For more information about ERM, please contact Anthony Crasto, Partner, Governance, Risk and Compliance Services at acrasto@kpmg.com