Our Vision

Turning enterprise risk into opportunity

Our Mission

Skilling up all to effectively manage and benefit from enterprise risk

Our Core Values

Agility – as exemplified by our comprehensive capacity to respond to all public and private sector risk management challenges.

Versatility – as exemplified by our ability to develop risk management solutions across all sectors and organization functions.

Flexibility – as exemplified by our capacity to address emerging risks with fresh ideas and innovative approaches.

Creativity – as exemplified by our practical alignment of organization systems to better anticipate risk, get ahead of risk and use results to create and protect value.

Sustainability – as exemplified by our implementation of risk management solutions that enhance individual and organization performance and unlock new value.

How we work

RMIK encourages customization and integration of risk management tools and systems to generate relevant information to support organization decision making. We serve as a forum for exploring and fostering risk informed decision making through; Risk Management Knowledge Synthesis and Sharing, and Risk Management System Integration.

Risk Management Knowledge Synthesis and Sharing

We assist organizations identify, analyze, evaluate and share risk management information in a consistent and systemic manner across all operations through four main strategies:

Systematic reviews of organization risk management systems to identify operational challenges and opportunities for enhancement;

Automate and integrate the process of capturing inherent, residual and target risk evaluations, as well as other relevant operational risk assessment data;

Establish Key Risk Indicators – KRIs to provide an early warning and rapid detection of potential changes to the risk exposure; and

Develop Institutional Risk Management Policy Frameworks – IRMPF, and risk registers showing identified risks, the possible impact, probability and cost associated with mitigating risk event and risk incident management.