Enterprise Risk Management System (ERMS)
Our Enterprise Risk Management System (ERMS) is a structured and comprehensive approach used by law enforcement organizations to identify, assess, manage, and monitor risks that could impact the agency's ability to achieve objectives. ERMS works in conjunction with the Hall and Harrison Risk Management Principles to provide broad oversight to the organization.
Purpose of our ERMS System:
To help leadership make informed decisions, allocate resources wisely, and protect and create value for the organization by proactively managing threats and opportunities.
Key Components of our ERMS System:
01.
Risk Identification – Spotting internal and external risks (e.g., financial, operational, reputational, legal).
02.
Risk Assessment – Evaluating the likelihood and impact of those risks.
03.
Risk Response – Deciding how to handle the risk: avoid, mitigate, transfer, or accept.
04.
Monitoring & Reporting – Continuously tracking risks and communicating updates to stakeholders.
05.
Integration – Embedding risk management into strategy, planning, and daily operations.
Meaningful impact
Procedural justice training reduces crime while improving police-community relations
Source: Multi-city randomized trial published in PNAS, conducted by the National Policing Institute