Enterprise Risk Management

Reimagining risk

Enterprise Risk Management (ERM) is a comprehensive, systematic approach that helps organisations identify,assess, prioritise and respond to risks proactively in order to meet its most critical objectives and related initiatives and day-to-day operations.

In order to do this confidently, an ERM framework should be fit-for-purpose and provide a comprehensive overview of the risk profile. If not, the potential untimely response to pressing risks and unmet expectations could leave you exposed to increased scrutiny from stakeholders.

ERM protects business by avoiding surprises through identification of all risks that may hinder achievement of objectives. ERM allows for informed decision making through greater understanding of your risks. All of this helps in better allocation of organisational resources in pursuit of the greatest value for businesses and their stakeholders.

Our services

We conduct maturity assessments and audits of your current risk management capability, providing you tailored recommendations in a defined implementation roadmap on how to take your ERM function to the next level. Our PwC methodology assesses your capability in line with leading standards and practices, including ISO 31000 and COSO ERM.

The benefits

Early and more accurate visibility of changes in the risk landscape in areas that could materially impact corporate objectives, facilitating more timely and informed management intervention.

Behaviours that generate competitive advantage, and the agility and flexibility needed to anticipate change and capitalise on opportunities through the proactive identification and implementation of treatment strategies.

Reduced performance volatility and increased consistency in delivering objectives, which, combined with greater levels of transparency, engenders stakeholder confidence and potentially enhanced valuations.

Development of a robust ERM framework that complies with ISO 31000:2009 Standard and COSO Framework enables you to comply with local, national, regional and international standards and risk relatd compliance awards.

Increased awareness and understanding of the Board’s desired risk and reward trade-offs, driving decision making consistency throughout the organisation.

Contact us

John Saead

John Saead

Middle East Risk Leader, PwC Middle East

Tel: +966 56 007 9699

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Contact us

Contact us

Adnan Zaidi

Adnan Zaidi

UAE Risk Leader and Middle East Assurance Clients & Markets Leader, PwC Middle East

Tel: ​+971 56 682 0630

John Saead

John Saead

Middle East Risk Leader, PwC Middle East

Tel: +966 56 007 9699