How do you build a sustainable enterprise risk management (ERM) program that provides a direct link to business value and performance? It’s all about using an ERM maturity model to benchmark your capabilities, identify where your organization is strongest, and understand weak links that inhibit further ERM performance.
To help organizations across industries achieve this goal, LogicManager authored the RIMS Risk Maturity Model (RMM) in 2005. With the help of the Risk and Insurance Management Society (RIMS), the RIMS RMM was launched as a best practice framework and free risk maturity assessment tool. Today, the RIMS RMM helps professionals and executives to develop and improve sustainable enterprise risk management programs.
The RMM Recognition Program seeks to recognize organizations that have adopted and operationalized mature ERM processes, as outlined by the RIMS Risk Maturity Model’s proven umbrella framework.
In 2017, dozens of qualifying organizations were evaluated. Of those, 14 received the inaugural 2017 RMM Recognition.
These case studies highlight the 2017 RMM Recognition recipients; sharing their success stories, providing insights from organizational achievement, and outlining next steps for continued maturity and growth.