ContinuitySA Enterprise Risk Management
Enterprise Risk Management
ContinuitySA uses a structured, formal approach aimed at helping clients gain a holistic view of their risk in order to make their enterprise wide risk management programme more effective.
Enterprise Risk Management (ERM) plays an essential part in assisting clients to build more resilient organisations. ERM provides a holistic view of an organisations’ risk as it incorporates the management of all types of risk: financial, operational (including IT, and occupational health and safety) and strategic.
About our ERM methodology
The ContinuitySA ERM programme methodology supports a structured, consistent and timely approach to risk management in alignment with ISO 31000, the international standard for risk management, the COSO framework and the Institute of Risk Managers South Africa’s guideline to risk management.
ERM enables growth and creates value by providing decision-makers with quality and accurate information, also playing a big role in providing assurance to executives and the board.
ContinuitySA designs and implements customised ERM solutions to fit the requirements and risk appetite and tolerance of organisations, as no two organisations are the same. In all our interactions we incorporate a change management component to create a more risk-aware culture, adding additional value to get ownership and buy-in from all stakeholders.
COSO, the Committee of Sponsoring Organizations of the Treadway Commission, is dedicated to providing thought leadership through the development of frameworks and guidance on enterprise risk management, internal control and fraud deterrence.