radar benchmarker guide may 2015 (final)

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Guide Notes Risk Management Software Benchmarker TM

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Guide NotesRisk Management Software

BenchmarkerTM

BenchmarkerTM is an online tool for risk managers toassess the effectiveness of 100+

enterprise risk management capabilities.

Benefit from practicing Chief Risk Officers’ experience and a“cross-walk” analysis of COSO ERM & ISO 31000 to collect

findings, consider improvements, and generate a5-year risk management plan.

BenchmarkerTM is delivered through the SpecialtyTechnical Publisher suite of online maturity

assessment and audit tools.

Authored by Domenic Antonucci, Chief Risk Officer

Domenic is a practicing Chief Risk Officer aligning enterprise-wide risk management (ERM) and project risks for a

multi-national construction and manufacturing company operating in up to 64 countries.

An Australian expatriate based in Dubai UAE, Domenic special-izes in bringing organizations ‘up the ERM maturity curve‘ and

building risk practitioner tools for implementing ERM, ISO 31000:2009 and COSO ERM.

You will be taken to this page. This is the STP online portal.

Login to your STP online account by selecting Login from the top, right hand side of the www.stpub.com website.

Select the Benchmarker Risk Management module housed with STP audit content. You will then see this.

Dashboard

Build your templates, starting with the current assessment.You may create as many as you need and allocate these toyour managers, departments, projects, functions, or auditors.

Keep all of your previous templates if you are overseeing several facilirties or tasks.

Each domain, containing 10-15 capabilities, is listedalong with start and modified dates, progress, and status.

The capabilities are listed within each domain. Complete the sections and view your risk management capability model automatically.

Each capability isexplained in detail,including the author’sinsights as well asreference material frominternational standardsand frameworks.

Consult theauthor insights andcomments which are designed to provide you with expert guidance throughout theassessment.

In addition, a “crosswalk”between the ISO 31000 and COSO ERM is included tocross-referenceinternational standardsand frameworks.

A numerical status and visualsummary of the questions andanswers you have provided is available on the dashboard.

Assess each capability and the corresponding criteria will pop up to guide you through the assessment process.

Add findings, and future improvement plans in separate text areas for 5 years into the future.

Rank the capability you are assessingusing the criteria provided. Once a maturity level isselected, the tool automatially calculates theimprovement potential for that capability.

The forecast rating system allows you to estimate your level of maturity for 5 consecutive years.Future targeted improvements allow you to capture the required budget and resourcesto finance and execute projects, and achieve risk manaement goals.

What Next?You can now save or distribute your audit documents as necessary.

To save your audit report: Save your Excel®-based document to your local computer drive by selecting the Save icon, or select File and then Save As.

To distribute your audit report:Send your audit documents as Excel® attachments by email.

For an online demonstration, or for further information or questions regarding Benchmarker, please contact Training Manager,Roxane Wagar at [email protected]: 1-800-251-0381Phone: 1-604-983-3434Visit: www.stpub.com

Copyright © 2015 Specialty Technical Publishers. All Rights Reserved.STP Xcelerator does not constitute legal or other professional advice. STP Specialty Technical Publishers and its authors make no warranties, whether express or implied, regarding the accuracy of any information or materials contained herein or the results of any course of action described herein, and STP and its authors expressly and specifically disclaim the implied warranties of merchantability and fitness for a particular purpose.

Benchmarker is an independent product and is not affiliated with, nor has it been authorized, sponsored, or otherwise approved by Microsoft Corporation.

By using STP Xcelerator you agree to Specialty Technical Publishers Terms & Conditions and End User License Agreement.

About Specialty Technical Publishers

Premier publishers of practical interpretive technical guides for compliance and risk reduction, serving North American and

global business leaders, audit managers and other professionals.

STP publications offer comprehensive, up-to-date guidance on key issues and help ensure compliance with standards and regulatory requirements.