CASE STUDY

Reimagining the RMF – Resetting for a new strategy

Unpicking the siloes and stitching risk back together in a coherent way

Overview

This organisation faced escalating audit and assurance requirements, leading to increased costs and compliance-driven processes lacking value-added insights for Executive and Board. After 18+ months of a challenging GRC system rebuild with fragmented success, a strategic reset and a bottom-up budgeting process in train, they needed an independent assessment of risk maturity to course-correct.

Solution Delivered

Outcome

Clarity on areas of opportunity to automate, simplify and focus the existing risk FTE to a broader business benefit. As an aside, the project also helped build an Executive team engaged in enterprise risk conversations, a renewed strategy for the Risk & Assurance function and shared commitment from Board and Executive in the value of risk investment.

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