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Rio Tinto takes ARM (15/10/2008)
Rio Tinto, the leading international mining group, has selected Strategic Thought Group’s Active Risk Manager software solution to enable the roll out of its integrated global risk management program. more
S&P's and the ERM Review
S&P's announcement that from next year they will review the quality of enterprise risk management (ERM) as a new component in their reviews of credit ratings - for all listed companies – can be seen as the catalyst for a wave of change in business leadership and performance management around the world. more
RM in your Industry >
Government
The aims of risk management are simple: to reduce the frequency of risk events, and to minimise the severity of the consequences of such risk events if they occur.
However, the benefits gained as a result of the successful achievement of the aims are wide reaching, stretching far beyond health and safety improvements or savings in insurance costs.
Risk management provides local authorities with a means of improving their strategic, operational, and financial management. This improvement will effectively minimise the threats to financial losses, service disruptions, bad publicity, threats to public health and safety, and compensation claims.
A key attribute to ARM is its ability to combine performance management as part of risk management to help deliver a more objective driven culture.
Click here to read the Risk-Adjusted Corporate Performance White Paper.