Enterprise Risk Management

Enterprise Risk Management (ERM) provides a comprehensive, proactive, and continuous method for identifying and managing risks that could have an adverse impact on the organization, supporting stronger strategic alignment and decision making.

Our Enterprise Risk Management Specialist supports in coaching, education, and facilitation in key areas such as risk assessment, risk reviews, and managing SHA's risk register. 

The Enterprise Risk Management SharePoint Site has a wide range of tools, information, and resources.

When to contact ERM
  • New Projects or Initiatives: Before launching a new project, product, or initiative, consult Enterprise Risk Management to assess potential risks and ensure proper risk mitigation strategies are in place.
  • Strategic Planning: During the strategic planning process, involve Enterprise Risk Management to identify potential risks that could affect long-term goals and to create a risk-aware strategy.
  • Risk Assessments: If your department or team is conducting a risk assessment, expertise and tools are available to ensure effective evaluation.

SharePoint site

Risk Register
Permission-based Access: The Risk Register is a centralized record with information on all risks identified through the SHA's risk management process.
Risk Matrix
The Risk Matrix is a standardized tool used to evaluate the likelihood and potential impact if the risk occurs.
Risk Appetite Statement
The Risk Appetite Statement outlines the level of risk the organization is prepared to accept overall.
Tools and resources
Work Standards, Checklists, Video tutorials, Enterprise Risk Management Framework, Enterprise Risk Management Policy, Collaboration space, Healthcare Insurance Reciprocal of Canada (HIROC)