Enterprise Risk Management Program

A Single Source of Truth That Turns Oversight into Assurance

Performance is the result of effective risk management Enterprise Risk Management

Most risk programs lack alignment, structure, and a reliable way to deliver assurance. LogicManager’s ERM Program provides a central, consistent framework to formalize oversight, apply standardized expectations, and engage the right stakeholders at the right time—so your insights are proactive, defensible, and trusted.

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Engaging Teams, Roles and Responsibilities

Enterprise risk management requires input and action across the organization—from the boardroom to front-line operations—because everyone’s role includes risk management. 

With ERM, you are setting the standards that guide how risks are identified, assessed, and addressed at every level. That’s why LogicManager is built for unlimited users, with role-based access controls that foster engagement while preserving clear lines of responsibility. Risk Ripple Intelligence ensures the right people see the right information at the right time, empowering timely action without unnecessary noise. 

Board Risk Committees, Executive Management, Business Unit Heads, Operational Managers, Chief Risk Officers, Department Risk Coordinators, and Audit leaders can all work within a single system. By giving stakeholders direct access to only what they need, LogicManager reduces friction, bridges silos, and ensures seamless coordination across departments.

Your Roadmap to Enterprise Risk Management Success

Risk Governance & Standards

Every effective ERM program begins with a clear governance structure. LogicManager’s Risk Maturity Model (RMM) guides you in formalizing foundational elements such as an ERM Charter, risk taxonomy, and separation of duties. These standards provide clarity on ownership, roles, and responsibilities, ensuring your risk management efforts are consistent, defensible, and strategically aligned. 

By embedding governance into the core of your program, you create a foundation where every subsequent activity—assessment, mitigation, and reporting—benefits from consistency and accountability.

Enterprise Risk Assessment

Risk assessments should not be isolated exercises that vary by department—they should form a coherent enterprise-wide view. With LogicManager, business units identify and score risks against standard criteria, ensuring comparability across functions. 

These results are aggregated to surface systemic exposures, interdependencies, and cross-functional vulnerabilities that may otherwise remain hidden. The process engages stakeholders at every level by giving them a structured role in identifying what matters most to their operations, while ensuring leadership receives a holistic picture of enterprise risk. 

This interconnected approach ensures assessments no longer exist in silos but reinforce a culture of shared responsibility, where insights in one area strengthen outcomes across the organization.

Risk Mitigation Planning

Assessment without action leaves organizations open to negligence. LogicManager transforms risk identification into actionable mitigation plans aligned with your organization’s risk appetite, policies, and long-term goals. 

Our platform validates mitigation strategies and controls across programs, ensuring consistency and preventing both duplication and blind spots. This alignment not only streamlines the workload for risk and control owners but also fosters confidence that risks are being addressed at the right level of intensity. 

As mitigation strategies cascade across processes and departments, improvements in one area reinforce resilience in others, creating a compounding effect where enterprise risks are managed more efficiently, transparently, and proactively.

Risk Monitoring & Reporting

Monitoring is the heartbeat of a mature ERM program, ensuring that controls and mitigations remain effective over time. LogicManager helps you establish KRIs and KPIs, define escalation thresholds, and benchmark performance against RMM expectations.

Centralized dashboards consolidate data from across the organization, giving stakeholders real-time visibility into emerging risks, trends, and control effectiveness. This standardization removes guesswork and enables defensible, data-driven reporting for leadership, boards, and regulators. 

By embedding monitoring into a holistic platform, your program evolves continuously: insights from one cycle fuel smarter decisions in the next, driving a ripple of improvement across the enterprise.

Risk Escalation & Event Response

Even the strongest controls cannot eliminate every incident, which makes escalation and response critical to enterprise resilience. LogicManager enables you to capture, categorize, and triage events—whether they are near misses, operational disruptions, or emerging risks—and connect them to underlying risks.

Patterns and recurring issues are surfaced so they can be escalated to leadership for enterprise-level action, ensuring the organization learns and adapts in real time. This process fosters organizational agility, as lessons learned in one area prevent similar issues elsewhere. 

In this way, event response not only resolves immediate issues—it strengthens foresight and creates a culture of continuous improvement across the business.

Turning Activities Into Actionable Intelligence

ERM isn’t just about identifying risks—it’s about managing them to drive strategic performance. LogicManager transforms your risk activities into actionable intelligence with real-time dashboards, customizable reports, and dynamic Insight Workbenches.

Our Risk Ripple Intelligence connects the dots across your environment, revealing the relationships between assessments, mitigations, controls, incidents, and strategic objectives. When something changes—like a new risk score, failed control, or shifting KPI—you immediately see the downstream impact and can act with confidence.

Whether you’re preparing for a board meeting, audit, or executive review, LogicManager equips you with accurate, defensible, and real-time reporting that’s tailored to your audience. From high-level summaries to granular evidence, your program is always presentation-ready—with nothing left to chase down.

LogicManager ERM Software Platform

Where Are You in Your Risk Journey?

No matter where you’re starting from, we meet you there—and take you further. Choose the path that sounds most like you and watch how LogicManager transforms your approach to security and governance.

Still Using Spreadsheets?

Tired of Spreadsheets?

You’re manually updating rows and fighting fires with every audit. Watch how LogicManager helps you replace chaos with clarity—and get back hours in your week.

Stuck in a Filing Cabinet GRC?

Tired of looking through your filing cabinet

You’re logging controls and assessments into a passive system with no real follow-through. See how LogicManager turns your governance into performance.

Managing a Complex Program?

Need to manage complexity

You’re manually updating rows and fighting fires with every audit. Watch how LogicManager helps you replace chaos with clarity—and get back hours in your week.

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Speak with a LogicManager expert

Discover how LogicManager’s Enterprise Risk Management Program empowers you to set the standards for risk governance—making risk a strategic priority that drives accountability, alignment, and measurable results.

Speak with a risk specialist today to centralize oversight, bridge silos, and build a culture of governance that prevents fraud, waste, and negligence before they impact your business.

Frequently Asked QuestionsFoundations of Enterprise Risk Management

Enterprise Risk Management (ERM) software helps you take an enterprise-wide approach to risk management and compliance. Your risk and compliance programs are all connected, so they should be managed using software that inherently draws connections between the people, processes, and departments at your organization that house those risks and ladder up to various regulations. ERM software serves as a centralized hub for managing risk across your entire enterprise.

Managing your risk is crucial in today’s See-Through Economy, where consumers and investors have access to more information than ever before, which can impact a company’s reputation. By using ERM software, organizations can streamline their risk management and compliance efforts, automate manual processes, and provide robust reporting capabilities, making it easier to identify trends and communicate risk-related information to stakeholders. ERM software also helps organizations allocate resources effectively, prioritize risks, and make informed decisions based on a holistic view of their risks.

Enterprise risk management (ERM) is a systematic approach to managing risks across an entire organization. It involves identifying, assessing, mitigating, monitoring, and reporting on risks that could impact the organization’s objectives, stakeholders, and operations. ERM provides a holistic view of all the risks that an organization faces and allows it to prioritize and allocate resources to manage those risks effectively.

The goal of ERM is to help organizations anticipate and manage future financial, operational, and regulatory risks, as well as mitigate lawsuits and penalties. By using a risk-based approach, companies can identify and prioritize the risks that pose the greatest threats to their business, and then take action to address them.

ERM involves a range of activities, such as risk assessments, risk mitigation strategies, monitoring and reporting on risks, and ongoing risk management. It is a continuous process that requires engagement from stakeholders at all levels of the organization, including executives, managers, employees, and external partners.

Overall, enterprise risk management helps companies protect their reputation, employees, investors, and community by enabling them to allocate resources effectively and make informed decisions that take into account the potential impact of risks on their business.

Not only does having a strong risk management program save you money, but it also enhances performance. In fact, organizations that have a formalized enterprise risk management program tend to have higher evaluations thanks to their risk analysis. 

An independent research study, “The Valuation Implications for Enterprise Risk Management Maturity,” was published in the prestigious Journal of Risk and Insurance. This peer-reviewed and rigorous study conducted by Queens University MBA program definitively quantifies a 25% market valuation premium for organizations that have reached mature levels of ERM.

Implementing an effective risk management program is best done through a risk-based approach which is a five-step process:

  1. Identify
  2. Assess
  3. Mitigate
  4. Monitor
  5. Report

The first step in the risk management process is to identify the risks that are likely to occur. The company will need to identify the risks related to its business by conducting a risk assessment based on surrounding areas that could potentially affect them. Download this complimentary risk assessment template built on a framework of best practices to get started.

Risk-Based Approach Wheel

Every governance area consists of a host of different events, governance, assessment, mitigation, and monitoring activities that must be carried out in order to truly protect your organization. Enterprise risk management is most effective as an iterative process in which each activity builds off the other. Most importantly, the key to navigating this complexity is engaging people across all levels and departments of the organization.

To help organizations across industries achieve this goal, LogicManager authored the Risk Maturity Model (RMM) in 2005. The RMM was launched as a best practice framework and free risk maturity assessment tool. Today, the RMM is housed directly within the LogicManager application and continues to help professionals and executives develop and improve sustainable enterprise risk management programs.

Take the free RMM assessment here.

Additional Resources

Risk management blueprint
Risk-Based approach to enterprise risk management for 2024
© LogicManager, Inc. 2026
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