Use a single inventory and taxonomy to map every risk.
Integrated riskmanagementoverview
Break down silos with a unified view.
Learn what integrated risk management is, why cross-functional coordination matters, and how to align strategic, operational, and compliance risks.
What is integrated risk?
Integrated risk management blends strategic, operational, financial, and compliance risks into one coordinated framework so decisions reflect total exposure.
Risk owners across functions share data, controls, and action plans.
One governance cadence aligns appetite, registers, and reporting.
Why it matters
Why integrated risk unlocks better decisions
Eliminates blind spots. Linking risks reveals compounding impacts and dependencies.
Improves agility. A unified view speeds up responses to regulatory or market shocks.
Supports resilience. Integrated risk intelligence keeps boards and executives aligned on trade-offs.
Framework
How to unify risk management
- Build a taxonomy Use consistent categories, scoring scales, and data fields across teams.
- Centralise tooling Adopt a shared register or platform so everyone sees the same status.
- Share insights Publish integrated dashboards for strategy, finance, and assurance teams.
Cadence
How to monitor integrated risk
- Coordinate reviews Hold joint risk forums with strategy, finance, operations, and compliance.
- Align KRIs Choose indicators that cut across functions, such as supply-chain delays or control failures.
- Link to projects Connect risk actions to transformation backlogs and budgets.
- Refresh appetite Update enterprise risk appetite and tolerances when integration reveals new insights.
Integrated risk quick wins
Create a shared view
Bring existing risk registers into one sheet or workspace.
Nominate risk champions
Each function appoints a liaison to coordinate data and actions.
Map dependencies
Show how one risk influences another so priorities stay aligned.
Integrated risk glossary snapshot
Integrated risk glossary snapshot
Risk taxonomy. A structured list of categories and definitions used across the organisation.
Integrated dashboard. A single report combining multiple risk types and indicators.
Unified governance. Committees and cadences that oversee every risk type together.
FAQs
Integrated risk FAQs
How is integrated risk different from enterprise risk?
Integrated risk emphasises coordination and shared tooling, making enterprise risk management actionable across teams.
What tools support integrated risk?
Use platforms like Drova RunSustainably or shared registers that connect objectives, controls, and remediation tasks.
Who owns integrated risk?
Risk leaders facilitate, but executives own cross-functional risks and appetite statements.
How do we start?
Begin with a common taxonomy and a joint risk forum, then migrate data into one workspace.
Drova RunSafe connects registers, controls, and governance in one shared hub.
Ready to unify risk intelligence?
GRC 101 hub
Explore related topics
Risk management basics
Refresh the fundamentals before integrating.
Operational risk guide
Map daily process risks into the integrated view.
Strategic risk overview
Align long-term bets with holistic risk data.
Risk appetite overview
Set unified appetite statements.
Risk controls toolkit
Ensure controls support multiple risk types.
Risk register template
Document everything in one register.