Risk landscape
Mitigate risk by establishing a strong risk culture
Risk landscape
How well do organizations understand the risks that get in the way of their success? While the answers will vary, even organizations that have performed an enterprise risk assessment may not recognize the importance of a risk culture that will allow them to that will help the organization respond well to the myriad of risks and opportunities. A healthy risk culture is one where everyone from senior leadership to the most junior employee can adeptly identify those risks and are empowered to talk about them on a regular and ongoing basis.
Now more than ever, organizations are responsible for establishing a strong risk culture by discovering new ways to assess and effectively manage the evolving risk landscape. As a leader, do you feel that you’ve identified your organization’s top risks and is that message clear to your workforce? The following questions are helpful for board members and senior leaders to ask when assessing their risk culture:
- Do we have a risk management program?
- Have we identified the top risks to the organization?
- Are these risks being assessed continuously and promptly (not just once a year)?
- How is risk management monitored and tested?
- Do we have a general counsel’s office?
- Are we effectively taking the feedback we receive through audits and regulatory reviews and using it to enhance our programs?
The evolving risk landscape: Discovering new ways for organizations to assess and manage risk
This e-book offers insight on how to track and mitigate significant risks and provides solutions for developing a robust risk management culture.
Dynamic risk landscape
A discussion on how dynamic the risk landscape has become and how organizations can develop a better risk culture to pivot enterprise risk management (ERM) plans as needed to address emerging risks.
Services to help you
Leaders need to understand common risks that may affect their organization and identify the right solutions to mitigate these risks.
Digital Solutions
Foster the future through a continuous culture of innovation.
CFO Advisory Services
Baker Tilly provides critical advisory services and support to financial leaders, business owners and investors that meet the unique challenges, complexities and the ever changing environment the office of the CFO faces.
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Keep your capital projects on time and on budget.
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Proactively protect and address your cybersecurity and information technology (IT) risks.
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The stages of life and business can be unpredictable and disruptive. Baker Tilly’s family business team offers a range of innovative services to make the journey approachable and successful.
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The financial services industry continues to diversify, but competition and more complex vendor relationships make determining business strategy more complicated.
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Identifying, quantifying, and mitigating the risks, costs, and effects of fraud, abuse, and corruption.
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Providing manufacturing consulting solutions to help businesses reduce risk and improve efficiencies across the supply chain.
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Baker Tilly Municipal Advisors is one of the nation's largest independent municipal advisory practices and provides objective analysis, planning and creative solutions for many types of projects.
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Baker Tilly addresses the full spectrum of risk, governance and compliance considerations in the context of industry, operations and culture.
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Leading in specialties including compliance, risk, controls, assurance, sustainability, decarbonization strategy development and technology consulting, we provide comprehensive environmental, social and governance (ESG) and sustainability advisory that spans solutions for any company, function or challenge.
