Risk Management Maturity Assessments

IRM can deploy its experts to assign levels of risk management maturity according to well-defined enterprise risk management standards such as ISO 31000 and COSO.

Our approach assigns one of five levels of maturity. It then suggests where we think you could be and provides a roadmap of potential activities to reach this target level.

Each exercise will be tailored to the complexity of your risks and exact requirements. It can be workshop based or delivered at scale through surveys.

The process assesses how risk management is perceived and applied in operations, identifying current gaps. After discussing future risks and growth objectives, a target maturity level is set, forming the foundation for future actions.

Assessment of Current Maturity
Using international best practice and standards

Benchmarking with peers
Comparison with others in your sector

Roadmap for next three years
Roadmap to achieve desired maturity level.

Risk management is often seen as a compliance task with little value, but many companies lack a full understanding of the risks they face. In a volatile environment, effective risk management is essential not only for protection but also for capitalising on opportunities, making it a competitive advantage during times of uncertainty.

This program aims to strike a balance between sophistication and simplicity in risk management, offering maximum value without overwhelming smaller organisations. It is particularly designed for those with basic risk management practices, though it can benefit any organisation looking to strengthen their approach.

• Discover how a well-designed and proportionate risk management can become a competitive advantage.
• Identify the strengths and weaknesses of the current risk management practices, and any gaps to achieve a proportionate level of risk management.
• Learn, through group training, workshops and guidance how to continuously maintain and improve the risk management program.
• Enhance the skills of all organisational levels, with a focus on middle management, in risk culture and communication.
• Receive templates consistent with global risk management standards like ISO 31000 to ensure the risk management practices are in line with market and regulatory expectations.