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Deloitte recognized as a global leader in strategic risk management consulting by ALM

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NEW YORK, NY, USA, 16 April 2019—ALM Intelligence has ranked Deloitte as a global leader in the report entitled Strategic Risk Management Consulting 2019. On Strategic Risk Management Consulting, Naima Hoque Essing, Senior Research Analyst, Management Consulting Research at ALM, highlights, “Deloitte has advanced its perspective away from viewing risk in discrete, named categories to one that views them as a hyperconnected and inter-related web of risk exposures where the traditional ERM approach and its three lines of defense model is largely inadequate.”

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Essing adds, “Instead, [Deloitte] advocates an approach focused on providing boards with real-time, on-demand internal and external risk insights that allow them to provide proper oversight, prioritize investment as well as make risk-informed strategic decisions.”

“Deloitte continues to invest heavily in our Strategic & Reputational Risk practice and the business community has taken notice,” says Sam Balaji, Deloitte Global’s Financial & Risk Advisory Business leader. “Analysts, through their rankings, and clients, by choosing Deloitte, both demonstrate confidence in our strategic risk services.”

According to ALM, Risk Management Consulting is defined as “part of enterprise strategy consulting which forms parts of the management consulting services directed at clients’ corporate office activities. Its objective is to help companies set the policy guardrails that direct the investments and activities of their organizations.”

“Deloitte is rated highest in client impact, as well as being identified as a ‘best in class provider’ for strategy and operating system,” adds Sandra Heuts, Deloitte Global’s Strategic & Reputational Risk leader. “To Deloitte, these designations indicate quality delivery and a high level of client satisfaction.”

Heuts continues, “I’m particularly proud of Deloitte’s ‘best in class’ designation for enabling tools as it acknowledges the differentiating impact and importance of technology. Deloitte’s combination of technology, deep client insight, and market intelligence leads to exceptional outcomes for clients.”

Additional report findings

  • “Deloitte seeks to draw out the strategic value of risk management by enabling it with the organization, capabilities, and tools that help raise its awareness and understanding of the impact of emerging threats and opportunities on the company’s strategic, financial and operational performance, and thus position it to deliver actionable risk intelligence that enhances leadership confidence in making strategic decisions.”
  • “Deloitte’s digitally enabled risk intelligent platform outlines a vision and practical roadmap toward achieving an integrated risk management and assurance program that meets the disparate needs of stakeholders in maintaining operational discipline, seizing strategic opportunities, and overcoming disruption with resilience.”
  • “Deloitte’s Strategic Risk practice seeks to provide board leadership with a panoramic view of its risk landscape via a dynamic, integrated and interdependent view of different risk exposures that enables them to prioritize investment decisions. Its digitally-enabled risk intelligence framework involves a top-down, bottom-up, multi-disciplinary effort involving the C-suite, innovation, human capital, and risk in drawing out client attitudes and blind-spots toward accepting both upside and downside to risk and developing frameworks on where and when to take risks.”
  • “[Deloitte] uses maturity assessments as an opportunity to start the discussions and ask the right questions that force client choices on scope, scale and strength of their program requirements, given their specific culture, regulatory, and operating environment.”
  • “With respect to external risks, the [organization] combines proprietary 24/7 data monitoring and risk sensing solutions that track a broad array of internal and external data sources using advanced analytics, pattern recognition, and visualization technologies to alert clients of emerging issues and threats, and adding human insights on how they relate to client strategies.”
  • “Deloitte continues to scale Blab and LRA by Deloitte, services that measure real-time stakeholder perception and customer experience across products, locations, and touchpoints, and deliver results to management via live dashboards.”
  • “The [organization] is actively strengthening its reputation management and crisis preparedness capabilities through acquisitions and key hires.”

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our network of member firms in more than 150 countries and territories serves four out of five Fortune Global 500®companies. Learn how Deloitte’s more than 286,000 people make an impact that matters at www.deloitte.com.

Contact

Vicktery Zimmerman
Global Communications
Deloitte Global
Tel: +1 312 486 1569
vzimmerman@deloitte.com

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