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EFFECTIVE RISK ASSESSMENTS
Are your organization’s risk assessments truly effective?  Are you doing assessments so that they generate value? Are the people conducting risk assessments using consistent approaches and definitions so their analysis can be aggregated and reported across the organization?  This study will help organizations of all sizes and types (for-profit, nonprofit, higher education and governmental agencies) understand how their risk assessment and measurement processes compare with peers and other leading organizations around the globe, particularly in light of competing pressures from laws and regulations versus competition and the market.
 
This study provides you insights into:
 
* Properly scoping your risk assessment
* The people and perspectives to include in risk assessment
* Degree of adoption of standardized assessment techniques
* Integration and correlation of risk assessment with business objectives
* Degree to which results of risk assessment truly influence business direction
 
We invite you to participate in this study starting today!  Results from this study should help you:
 
Demonstrate value that your organization already gains from current approaches 
Align financial, legal/regulatory, extended enterprise, and operational assessments
Define where you can simplify the risk assessment processes
Identify gaps in your risk assessment processes, and
Leverage your risk assessments and risk event monitoring for greater value
 
If you haven’t already participated in the GRC Strategy Study, it’s not too late, and risk professionals would be wise to do so. 
 
With the inclusion of the RIMS Risk Maturity Model for Enterprise Risk Management in that study, risk professionals can be prepared to:
 
Define your “As is” and “To Be” states for risk management
Set your target maturity levels for risk assessment
Prioritize your strategic and tactical initiatives
Assure your business case has what it needs to be effective

You can participate in that study at http://www.oceg.org/view/obs-grcstrategy
About our Sponsors
Ernst & Young LLP
Ernst & Young, a global leader in professional services, is committed to enhancing the public's trust in professional services firms and in the quality of financial reporting. Its 114,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions.
 
Centered on the principle that corporate compliance should be fully integrated into the organization, Ernst & Young helps organizations design and implement compliance infrastructures, processes, and controls to prevent and detect non-compliance, as well as enhance business performance.
 
Learn more about our compliance services at http://www.ey.com/compliance.
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