Wehrspohn Risk Management

"Easy GRC": Can risk assessment really be simple?

October 8, 2024

"๐—˜๐—ฎ๐˜€๐˜† ๐—š๐—ฅ๐—–": ๐—–๐—ฎ๐—ป ๐—ฟ๐—ถ๐˜€๐—ธ ๐—ฎ๐˜€๐˜€๐—ฒ๐˜€๐˜€๐—บ๐—ฒ๐—ป๐˜ ๐—ฟ๐—ฒ๐—ฎ๐—น๐—น๐˜† ๐—ฏ๐—ฒ ๐˜€๐—ถ๐—บ๐—ฝ๐—น๐—ฒ? Risk assessments are the heart of Enterprise Risk Management (ERM). Companies want simple, straightforward solutions. But is that possible without oversimplifying the assessment and ending up with distorted or even politically influenced results? In two talks for the "Quantitative Methods" working group of the RMA Risk Management & Rating Association e.V., I showed how good risk assessments can be made both efficient and transparent. With Risk Kit, the risk management team can design precise models as assessment experts, while the Enterprise Risk Evaluator enables the involvement of the entire company across distributed roles. These approaches scale from solid expert assessments, through manually evaluated risk models, all the way to automated assessments based directly on company data. Watch the talks and learn how risk assessment in ERM can simply be good: ๐—ฅ๐—ถ๐˜€๐—ธ ๐—”๐˜€๐˜€๐—ฒ๐˜€๐˜€๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐—ป ๐—˜๐—ป๐˜๐—ฒ๐—ฟ๐—ฝ๐—ฟ๐—ถ๐˜€๐—ฒ ๐—ฅ๐—ถ๐˜€๐—ธ ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ - ๐—ฃ๐—ฎ๐—ฟ๐˜ ๐Ÿญ https://lnkd.in/e_9EuWTG ๐—ฅ๐—ถ๐˜€๐—ธ ๐—”๐˜€๐˜€๐—ฒ๐˜€๐˜€๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐—ป ๐—˜๐—ป๐˜๐—ฒ๐—ฟ๐—ฝ๐—ฟ๐—ถ๐˜€๐—ฒ ๐—ฅ๐—ถ๐˜€๐—ธ ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ - ๐—ฃ๐—ฎ๐—ฟ๐˜ ๐Ÿฎ https://lnkd.in/ekNCc9id

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