Enterprise Risk Management

Enterprise Risk Management (ERM) is systematic approach to identifying and managing an organisation’s business risks. ERM offers a proven method to align risk appetite with strategic goals, deploy resources more effectively, reduce operational surprises and losses, and improve risk response.

Managing enterprise risk is particularly challenging for retail and consumer products companies. The growing globalisation trend and the need to operate in business environments with different cultures, laws, and environmental concerns, along with the complexity of sourcing materials and human capital for manufacturing or final sale of the product, creates a number of potential risks for retail and consumer companies.

How can PwC help you

PwC can help retail and consumer companies address risk in several key areas, including:

• fraud and antifraud programmes (detection and prevention)
• crisis management
• business recovery services
• dispute analysis & investigations
• forensic accounting
• internal control assessment
• process improvement and operational effectiveness
• security & technology solutions (IT business risk management, data management, and information security)
• audit and compliance
• sustainability
• risk & value management
• human resource services