Source: Risk in Review: Going the Distance, PwC, 2016
Organizations can build their risk management programs by focusing on three important areas.
75% of high performers say their risk management strategy is aligned with
strategic planning, compared to 32% of those with low risk maturity.
56% of high performers say they apply analytics effectively to improve
resiliency processes, compared to 6% of those with low risk maturity.
70% of high performers use key risk indicators, compared to 38%
of those with low risk maturity.
52% of organizations
give themselves high
ratings on their ability to
rapidly pursue growth
opportunities, compared to
41% of organizations across all
56% say they excel at
ahead of competitors,
compared to 45% across all
35% say they continuously
adapt their risk
approaches based on
emerging risks, compared
to 49% across all industries.
73% use key risk
indicators, compared to
53% across all industries.