ERM (Enterprise Risk Manager)
Daniel Roberts is responsible for the design, development and implementation of a Operational Risk Management and compliance application. The flexibility of the application allowed it to be customised to almost any environment, legislative regime, or business management situation.
At its core was the concept that individuals have unique risk responsibilities, unique compliance requirements. and most important, that all individuals are accountable for the recording, describing, assessing and monitoring situations of risk (Situation Reports in the system, or SR). In addition, the reporting an monitoring is inadequate, and Actions to Resolve or Action Points (APs) need to be created for each situation of risk and assigned to the individual responsible for resolution. Of course, along with such reporting and assignment of responsibility comes monitoring, escalation and oversight reporting. All build into the concept and delivered system.
In this area of the RAAS Consulting site you can learn more about the ERM application.
For more information, contact us and we will be happy to discuss in greater detail.
ERM Introduction
ERM FAQs (Frequently Asked Questions)
ERM Questions
ERM Situations
ERM Action Points
ERM Technology
 Enterprise Risk Manager (ERM) is the on-line engine that, with the addition of specific content, exploits the power of the web to deliver specialised solutions which you can use to manage risk.  ERM can help you:- constantly identify and monitor risks
- deliver targeted information to those who need it
- track audit compliance
- implement legislative compliance
- monitor adherence to internal controls
- tailor risk management to your enterprise
With its flexible reporting, Enterprise Risk Manager enables authorised personnel - from managers to the board - to verify that the enterprise is operating a robust and effective risk control environment. Today Risk Manager for the Employment Relations Act is available and will soon be followed by Risk Manager for project management oversight and the ability to build your own Risk Manager.
Enterprise Risk Manager Advantages
The advantages that Enterprise Risk Manager can bring to you are:
Questions ERM could Help Answer
Legislative Compliance - does the new advertising campaign comply with the Fair Trading Act?
- have all managers been trained in their OSH responsibilities?
- does the sales force know its responsibilities under the Commerce and Fair Trading Acts?
Internal Controls Compliance - have all managers received and read the latest changes to the manager's handbook?
- does everyone know about the new travel policy?
- does implementation of the new computer system satisfy internal project management requirements?
- does production have plans in place to manage its budget blow-out?
- is marketing correctly managing the dismissal of non-performing staff?
Audit - have audit's recommendations to personnel been accepted and actioned by that division?
- has finance certified the enterprise is in compliance with our loan covenants?
- has marketing certified all end-of-quarter sales are valid?
- has production reconciled its stock-take exceptions, to a defined schedule?
- are relevant managers aware of the changes required by the external auditors?
- where are we at in addressing external audit's issues?
Admin - is our insurance profile up-to-date?
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