Objective Business Consulting - Your Business Partner
Services.
Enterprise Risk Management
One of the key pillars of good governance in any organisation, regardless of size, is the management of risk. The goal of ERM is to minimise the impact of adverse events on an organisation's financial performance, reputation, and ability to operate. ERM programs typically involve identifying organisational risks, assessing their potential impact, and developing plans to mitigate or transfer these risks.
A typical enterprise risk management programme will include the following components:
-
Company Culture, Governance, and Values
-
Strategic Planning, Objectives, and Goal Setting
-
Risk Management Cycle
-
Monitoring and Continuous Improvement
-
Transparency, Communication, and Reporting
Strategic Planning
Strategic planning is the process in which an organisation's leaders define their vision for the future and identify their organisation's goals and objectives.
The key steps in the strategic planning process are:
-
Assess current business strategy and business environment, analysing strengths, weaknesses, opportunities and threats
-
Identify your company's goals and objectives
-
Develop your strategic plan and determine performance metrics
-
Implement, resource and share your plan
-
Revise and restructure as needed
-
Project Managment
Project management is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
The project life cycle includes five main stages:
-
Initiation
-
Planning
-
Execution
-
Monitoring and controlling
-
Closure
Monitoring and controlling the completion of each phase helps ensure the project stays on time and within budget.
Corparate Sustainability Reporting Directive
The CSRD is an EU Directive requiring certain companies to disclose information on sustainability-related impacts. There are clear criteria based on turnover, number of employees etc. that will determine if a company is required to adhere to the reporting requirements of CSRD. However, even SMEs may be affected where they are part of a reporting entities value chain.
There are 12 European Sustainability Reporting Standards (ESRS) covering environmental, social and governance sustainability matters. Companies are required to report on the Risks, Opportunities and Threats in their CSRD disclosures.
We guide clients through this complex reporting environment, including double materiality assessment and reporting, gap assessment and strategy development.
About.
Deirdre McDonnell FCPA, MoR
I am a CPA Accountant and Risk Practitioner. My areas of consulting include enterprise risk management, strategic planning, project management and most recently I have moved into the sustainability reporting space, specialising in the Corporate Sustainability Reporting Directive (CSRD).
In my early career I worked on very large projects with global multinational companies. With Objective Business Consulting, I have brought my service offerings to companies in the SME and not for profit sectors, national sporting bodies and the accounting profession.
I now work with organisations of all sizes, who require dedicated resource to address particular project needs.
Get in Touch
Dublin Office:
40 Northcliffe, Chapelizod, Dublin 20, D20 DD74 - Ireland
Madrid Office:
Ronda de Valdecarrizo 41-A Planta 1, Tres Cantos 28760 Madrid – Spain
+353 86 8360260