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	February 16, 2007 Identifying And Selecting The Right Risk Consultant Market Landscape Of Risk Consulting Firms by Michael Rasmussen with Christine Ferrusi Ross, Chris McClean, Sarah Bernhardt, Laura Koetzle	Average: 7  (4 ratings)

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Executive Summary

Business today is dynamic and complex, which is causing organizations to consider more formalized processes for enterprise risk management. The goal is to effectively mitigate or avoid damage to the organization while seizing the maximum return on opportunities. To effectively manage risk, organizations turn to risk consultants for advice. The risk consulting landscape has grown significantly over the years and now represents a $36 billion business that crosses a range of risk consulting specialties. A successful risk consulting engagement requires that a firm understand what it is trying to achieve and is selective in the consulting firms it engages to help.

TABLE OF CONTENTS

• Increasing Complexity Drives Firms To Use More Consulting Help
• Consultants Focus On Different Services And Different Risks
• Organizations Have A Range Of Risk Consultants To Choose From
• Consider Consultants' Future Alignment As Well As Current Strengths

RECOMMENDATIONS

• Selecting The Right Consultant Requires Diligence
• Supplemental Material
• Related Research Documents

This is an excerpt

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