The recent economic conditions have underscored the need for organizations to have an integrated Risk Management framework within the normal operational business processes. A significant percent of executives lack the assurance that their current risk management capabilities will properly identify and manage business risks. Risk assessment is the organization’s identification and analysis of relevant risks to the achievement of its objectives, forming a basis for determining how the risks should be managed.

DakotaGRC helps organization to:

• Articulate the value for adopting a risk framework
• determine a map of strategic and operational risk
• produce mitigation plans for key risks (most likely, highest impact)
• Establish a process for risk based decisions to be made
• Improve performance and create value

DakotaGRC's Enterprise risk management (ERM) is a framework, instituted by a firm's board of directors and management, applied strategically and across the enterprise, designed to identify potential events that may impact the firm, manage risks within defined parameters and provide reasonable assurance regarding the achievement of the firm’s business objectives.