Our Approach to Strategic Risk Leadership

We advise on all aspects of strategy with a keen eye on risk. Wise risk awareness and management unleashes your organization's potential and we work with you to do this. We utilize comprehensive enterprise risk leadership (ERL) capability as a base to do this.

What is Enterprise Risk Leadership?

ERL is a proven process that helps CEOs, Senior Leaders and Governance Boards to consider risk from a strategic perspective, opening the door for new opportunities and effective resource allocation to meet your objectives.

An ERL approach informs strategy, improves organizational agility through the systematic management of risks, supports the effective use of resources, introduces a risk-informed culture, and encourages improved strategic engagement within management and with an organization’s Board - all of which we believe are components of effective strategy and missional success.

ERL implementation limits potential volatility in performance, creates sound operational and strategic intelligence, and drives organizational excellence.

ProVenture's Approach to Strategic Risk

We believe that risk is often misunderstood. Far too often it is seen only as a threat, in many cases it is ignored, hoping that organizational or external issues remain dormant and somehow we “dodge the bullet.”

To us, risk points toward opportunity. When you accurately and thoroughly assess the risks to your enterprise, you open the gateway to the best opportunities and a differentiated strategy. ERL reduces fear and concern and replaces it with empowerment and innovation.

ERL advances the leadership and culture capabilities of your organization, dramatically enhancing your enterprise’s strategy muscle and wise governance. The ERL process allows you to be a proactive instead of reactive leader; something we all strive for. Developing a culture that uses ERL principles and sees your work through the lens of risk/opportunity will result in a stronger organization. ERL adds significant value, transparency and insight to organizational Governance.

Implementing ERL will develop a whole new way of thinking into the culture of your organization and the functionality of your teams.

The Value of Our Approach

Foresight: We help your organization develop a structure to intentionally identify and manage emerging issues and give richer insights into the opportunities and challenges that accompany them.

Inclusive Insight: Our approach include voices and perspectives from a wide range of experts in the organization to ensure that you have captured the reality of the organization, including blindspots that can occur in a mission-focused organization. As an added benefit, this grassroots up approach leads to early buy-in for strategic thought and action in the entire organization and reinforces trust in leadership.

Avoid Big Hits: Strategic risk leadership creates a process that helps you to recognize and address the most serious vulnerabilities your organization faces in a strong and healthy way.

Best Strategy Leadership: We facilitate the integration of an “informative risk lens” into your strategic planning to best optimize operational decisions.

Astute Governance: We support governance best practices with objective and seasoned resources for risk so leadership can address complex uncertainty and formulate strategies to address it.