Politics, economics, markets, customers—nothing can be taken for granted when determining what poses a risk to your organization.
In many organizations, the issue of risk can be maddeningly hard to pin down, much less manage. What’s our threshold for risk? Are we tracking and forecasting our performance in a way that offers visibility into which risks we’re taking? What are the risks to achieving our strategic objectives? Which metrics should we apply? If you’ve ever grappled with tough questions like these, you already know the challenges inherent in risk management.
Risk Analytics is an effective tool for any organizations looking to more clearly define, understand and manage their risk profile or to increase their “Risk Intelligence”. Risk Analytics can give organizations visibility into many kinds of systemic risks, from credit risk and market risk to operational, reputational and cyber risk. It can help leaders deploy capital and manage their supply chain at a level that matches their risk tolerance. For organizations exposed to significant regulatory risk, it can be an important tool for helping to achieve compliance.
And that’s just the start.
Some organizations are great at risk management; others are great at business analytics. Deloitte member firms are recognized as world leaders in both areas and have brought them together in the Risk Analytics practices which help organizations plan, monitor and model their enterprise risk.
The evolution of insights
Analytics is a powerful tool that can help real businesses gain the hindsight, insight, and foresight needed to solve complex problems that seem intractable. Its uses are myriad, and its applications span the enterprise.
Analytics must be used to be useful. Abstract theory might be interesting, but it won’t solve your business problems – unless you put theory into practice.
Life at Deloitte
People make Deloitte one of the best places to work. What’s great about the people? That’s an easy answer. They are exceptional. Each person is unique and valued for that, among the best and brightest in the business, and takes pride in his or her achievements and the success of others.