
IRM Navigator™ Annual Viewpoint - 2024
The IRM Navigator™ Viewpoint Report provides a comprehensive overview of the Integrated Risk Management (IRM) market, highlighting the IRM40, a selection of 40 exemplary vendors across four IRM segments. It identifies IRM Market Leaders, recognizing vendors with strong positions and comprehensive solutions across multiple segments. The report serves as a valuable guide for navigating the IRM market, enabling organizations to make informed decisions.
This year, we focus on managing the multifaceted, emerging risks innovations bring and ensuring that organizations can adapt and thrive in this rapidly evolving digital era.
Integrated Risk Management Objectives: Core to Our Framework
To assist organizations seeking to manage these new risks, we developed our IRM Navigator™ Framework around four key objectives: performance, resilience, assurance, and compliance. These objectives are integral to managing risks effectively across all areas of your organization:
Performance: Targets achieving strategic goals while managing risks that could affect outcomes.
Resilience: Ensures your organization can withstand and recover quickly from disruptions, particularly in digital products/services, information technology (IT), and operational technology (OT) systems.
Assurance: Provides confidence that risk management processes are effective and comprehensive.
Compliance: Focuses on adhering to laws and regulations, avoiding penalties, and maintaining a robust control framework.
Each objective supports and reinforces the others, creating a cohesive strategy that enhances your organization's ability to navigate a complex risk landscape. This integrated approach addresses immediate risks and positions your organization for long-term success.
IRM Navigator™ Annual Viewpoint - 2024
The IRM Navigator™ Viewpoint Report provides a comprehensive overview of the Integrated Risk Management (IRM) market, highlighting the IRM40, a selection of 40 exemplary vendors across four IRM segments. It identifies IRM Market Leaders, recognizing vendors with strong positions and comprehensive solutions across multiple segments. The report serves as a valuable guide for navigating the IRM market, enabling organizations to make informed decisions.
This year, we focus on managing the multifaceted, emerging risks innovations bring and ensuring that organizations can adapt and thrive in this rapidly evolving digital era.
Integrated Risk Management Objectives: Core to Our Framework
To assist organizations seeking to manage these new risks, we developed our IRM Navigator™ Framework around four key objectives: performance, resilience, assurance, and compliance. These objectives are integral to managing risks effectively across all areas of your organization:
Performance: Targets achieving strategic goals while managing risks that could affect outcomes.
Resilience: Ensures your organization can withstand and recover quickly from disruptions, particularly in digital products/services, information technology (IT), and operational technology (OT) systems.
Assurance: Provides confidence that risk management processes are effective and comprehensive.
Compliance: Focuses on adhering to laws and regulations, avoiding penalties, and maintaining a robust control framework.
Each objective supports and reinforces the others, creating a cohesive strategy that enhances your organization's ability to navigate a complex risk landscape. This integrated approach addresses immediate risks and positions your organization for long-term success.