LogicManager believes performance is a result of effective risk management. Our enterprise risk management (ERM) software empowers organizations to uphold their reputation, anticipate what’s ahead, and improve business performance through strong governance.
We are committed to helping businesses of all sizes, across all industries, Manage Tomorrow’s Surprises Today®. What does this mean? In order to achieve their goals, be it upholding a good reputation or entering new markets, businesses have to prepare for the surprises that may come their way.
We say surprises because risk events aren’t all cyber attacks and breaches in contracts; sometimes surprises are good, say, a sudden uptick in customers. Good or bad, a surprise can take a business off guard, leaving them ill-prepared to deal with the sudden change, and can result in lost time, money, and renown.
Every company, no matter its industry, product, or service, impacts employees, customers, other stakeholders, and the community at large. LogicManager is dedicated to helping businesses make this impact a positive one. In other words, we believe in good governance. Good governance means holding each part of the organization to a high standard and enabling surprises to be managed before they happen.
Optimizing organizational governance is not just recommended, it’s a moral and legal obligation. In recent years, corporate scandals have dominated headlines. The truth is, these failures would have been prevented if companies had governed themselves more responsibly. This trend can and must change. Poor governance affects all of us and is never excusable; it’s negligence, and a company that allows a scandal to unfold through negligence is not just being unjust, it’s violating its moral obligation to its stakeholders and its community.
Tragedies will inevitably happen, but tragedies are unforeseeable realities of life. Scandals, on the other hand, evoke the outrage they do because (unlike tragedies) they are avoidable. LogicManager was founded on the belief that enterprise risk management is the key to implementing and sustaining good governance. We’re fighting to make a change. Our mission is to provide the tools and services that make good governance possible.
Most businesses manage their risks, but many need a better approach. LogicManager is here to provide a better approach to risk management. Today, LogicManager’s SaaS software and included advisory service help over 2,400 businesses integrate risk, governance, and compliance activities so they can make proactive decisions that will help them reach their goals.
What makes LogicManager’s approach different? Many risk management solutions focus on separate areas of the business, managing risks associated with vendors and risks associated with IT separately, for example. While a business is comprised of its parts, these parts contribute to the whole, and therefore work interdependently. This means that risks are also interdependent. A risk associated with IT could very well overlap with a risk in vendor management.
Our ERM software accounts for these interdependencies by giving companies an enterprise-wide view into their risk. If companies can understand which risks overlap and which risks are most impactful to their organization as a whole, then they can streamline their risk management processes, saving them time and money, while improving performance.
LogicManager is a team-based organization. Our employees are creative, energetic, proactive, and intelligent in both their thoughts and actions. At LogicManager, there’s a shared desire to be at the forefront of innovation, and constantly bring real value to our customers across the world.
We care about the work we do. We help businesses do right by themselves and by others. The decisions corporations make affect every one us, and it’s our job to empower businesses to make the best decisions. That’s why we get up in the morning.
LogicManager takes pride in its dedication to a rewarding office culture, and is named a Best Place to Work by the Boston Business Journal, and a certified Great Place to Work®.
In 2005, LogicManager CEO, Steven Minsky, recognized the opportunity for organizations to adopt a risk based approach.
Building on years of experience in risk and business process management at leading technology firms like Apple, Steven founded LogicManager, and built the LogicManager platform on patent-pending Taxonomy technology; designed to revolutionize how organizations approached risk management.
From the beginning, LogicManager has worked with RIMS to advance the discipline of Enterprise Risk Management. Steve donated intellectual property, expertise and services to author the RIMS Risk Maturity Model (RMM) and provide a free online assessment tool for risk professionals.