Risk management means many different things within and across organizations. The one thing they all have in common is the need to make business decisions related to accepting and mitigating risks to within the risk tolerance of the organization.
Many risk managers have their roots on the insurance side of the house. While they are familiar with property, casualty, liability and business interruption, they are sometimes much less comfortable with operational risk management, business continuity, disaster recovery, security, and crisis and emergency management. But one thing is certain -- "vulnerabilities and threats are endless, but the funds to address them are not!"
So how does a risk manager extend his or her reach to capture the synergies of an integrated risk management program? How does a risk manager monitor risks and controls to ensure that the insurance program works hand-in-glove with the operational risk management program? How can the risk manager fulfill their mission to protect the firm from adverse business impact?
The answers lie in the Fusion Framework System which provides risk managers with the ability to identify, quantify, and measure risks and impacts, right along side of the controls in place to prevent or mitigate them. With tight alignment to the business, the Framework provides invaluable reporting to help set priorities and focus limited funds.
With the Fusion Framework there is no need to ever be caught off guard again.
Fusion Framework - Simply, Better!
Learn more about Fusion Risk Management
Contact Fusion Risk Management today to schedule an executive briefing.