Know Your Risks in Order to Manage Them Effectively…..!
At Ernest and Martin Associates, we believe that organizations typically fail to meet goals, incur losses or make substantial misjudgments for three main reasons:
- Unseen Risk – failure to foresee emerging risks; e.g. blindsided by the unanticipated;
- Known Risk – not properly managing known risk; e.g. unintended consequences; or
- Control Failure – reliance on inadequate controls which fail to mitigate the risk as expected
We are not referring to “Black Swan” events, which include the most unlikely occurrences and which are arguably highly unpredictable. However, we do consider risks in the ordinary course of business that most organizations face.
Our team of full-time Risk Assurance & Advisory professionals can help you navigate this ever changing landscape by assisting with the following:
- Internal Audit Services
- Compliance Advisory Services
- Enterprise Risk Management Services
- Procurement-To-Payment Consulting