We support our clients in establishing and improving their risk management functions. The approach to the risk management that we have developed includes the following components:
Contemporary business environment is rapidly changing, making the enterprise risk management a constant and complex challenge. Having the effective risk management process in place is particularly crucial for identifying and managing emerging or evolving risks that may adversely affect strategies and goals. We support our clients in developing the risk management policies, risk maps and registers as well as risk indicators, allowing to effectively analyze threats and opportunities for the organization.
What is Risk Management and why is it so important?
The purpose of the enterprise risk management process is to establish the risk management culture and awareness of the importance of the risk management in influence on achievement of tactical and strategic goals. Risk management is the key component of the corporate governance - processes and structures that should be implemented by the management to maintain and ensure appropriate flow of information, decision making and monitoring activities, and effectively support execution of the strategy.
Risk Management challenges
One of the main challenges in the risk management process is identifying risks in relation to organization's objectives and its key success factors. Many entities, companies and public institutions, create specialized units responsible for risk management. In other, the analysis of risks to which the organization is exposed to, is decentralized or delegated to support units that do not have such specialist knowledge in the risk management area.
Benefits for the clients
Cohesive risk communication within the organization
Transparent risk reporting
Identification of key risks that the organisation is exposed to
KPMG risk management advisory services
The scope of our services regarding risk management, includes support in:
developing risk management policy, which is an integral part of the management system and describes internally approved rules for the risk management and segregation of responsibilities towards risk management.
identification of risks and development of risk maps that help in effective risk management in the organization.
development of key risk indicators (KRI) and defined risk dashboards.
Publications and webinars
The publication presents key economic indicators, describes the M&A market and legal and tax issues of key importance for investing in Poland.
Poland's key information relevant to a potential foreign investor.