Organizational silos hinder effective risk and safety management by preventing a unified view of risks and limiting insights that inform key decisions. Integrated Risk Management (IRM) breaks down these barriers, offering a comprehensive view of an organization's risk landscape and enhancing outcomes.
A successful IRM program has multiple benefits:
- Expanded visibility into safety programs and operational activities can help reduce Total Cost of Risk (TCOR) by minimizing claims costs, lowering premiums, and optimizing risk management expenditures
- Greater visibility into insurable risk and safety programs leads to stronger enterprise risk assessment, mitigation, and management, as well as improved compliance
- Tying safety programs to financial and enterprise risk can lead to buy-in for EHS initiatives, ultimately reducing incidents and injuries
This eBook examines:
- How RMIS, GRC, and EHS systems contribute to identifying, assessing, and managing organizational risk
- Why true IRM requires a unified platform for sharing all safety and risk data across the enterprise
- Practical challenges and best practices for implementing an effective IRM strategy
- How new technologies are going to shape the future of risk and safety management
Download the eBook to start your journey towards improved outcomes and operational resilience!
Sponsored by: Origami Risk
