Tool: Assess your company’s risk maturity level

Thursday, September 23, 2010 | Posted by: Fiona Cullinan
Categories: Risk | Tags: business, governance, recession, report, survey, risk, data, business models, Simon Lowe, risk management, questionnaire, tools, Business Risk Services, Strategy

Our recent business risk report shows widespread complacency in company risk management processes. Check the risk maturity of your organisation with our quick online assessment tool.

For a snapshot assessment of your own organisation’s risk processes and effectiveness, complete Grant Thornton’s online Risk Maturity Assessment at http://riskquestionnaire.grant-thornton.co.uk/

The questionnaire consists of just 14 questions and takes no more than 5-10 minutes to complete.

Download your free risk equation report
A new risk equation? Safeguarding the business model is now available for download.

Written in collaboration with the Economist Intelligence Unit, it canvassed 465 senior managers (more than half at C-level) between Oct 2009 and April 2010 to review their risk management practices and considers how they may fare in the future.

For the key findings of the research, read our earlier post Risk management: learning from recession mistakes.

And look our for future postings, as we’ll be pulling out some of the relevant issues and analysis here on the Boardroom blog.

You might also like:
* Do business models still deliver the goods? An earlier report in this series revealed a high level of complacency among British and Irish companies about the need to change their business models.

* A typology of UK business model behaviours (infographic) - Showing the six different ways (two postive, four negative) that UK companies have been reacting to the economic downturn and how well-placed they are to take advantage of opportunities post-recession.

* FTSE 350 Corporate Governance Review – in December, we will launch our ninth review highlighting trends in compliance with the UK Code of Corporate Governance and including principal risk reporting. Our report can be used by companies to benchmark performance and inform preparation of annual reports.