Enterprise Risk Management
Enterprise Risk Management is an enterprise approach to addressing the culture, processes and structures that are directed towards effective management of potential opportunities and adverse effects as they relate to risk. Taking control of informed risks allows for risks to be identified, analyzed, evaluated, treated, and monitored.
Tevora’s proprietary HydraRisk Model is founded on extensive experience in enterprise risk management. At Tevora, we believe that an ERM Program shouldn’t just define common terminology, rather be a holistic approach to encompass the ERM Lifecycle. This ERM Program Lifecycle consists of all components needed to implement a successful and sustainable ERM Program.