Managing Enterprise Risk

Discover how the Cambridge Centre for Risk Studies helps companies to quantify the principle and emerging risks facing their business to inform their strategic risk management decision making.

The Cambridge Centre for Risk Studies provides a quantitative risk management framework to identify, assess, and manage the most critical risks facing an organization. Our approach embeds over a decade of influential academic research and is used today by a range of global corporations to inform their risk management strategies.

At the heart of our approach are scenarios identified from the Centre’s taxonomy of business risks. Each scenario is a well-researched projection of how a future event might play out, from a ransomware cyber attack to a new wave of pandemic. These scenarios are selected from the six categories of risks in the Cambridge Taxonomy of Business Risk:

  • Financial
  • Geopolitical
  • Technology
  • Environment
  • Social
  • Governance

Each scenario is mapped to a business’ digital twin – a digital representation of an organization’s commercial and physical footprint. This enables the impact to a corporate’s balance sheet to be accurately calculated. Outputs include EarningsValue@Risk for a business providing an objective method for benchmarking principle and emerging risks and guiding risk management decisions.

Benefits:

  • Define a corporate risk register
  • Inform risk mitigation strategy planning
  • Track exposure to critical risks over time
  • Inform key internal and external stakeholders (incl. investors)

For more information including the full list of business risks please log into the Cambridge Business Risk Hub for more details.