How effective is your organisation’s approach to enterprise risk management (ERM)? Are risk processes truly integrated into strategy and decision-making, or are they operating in silos? As business risks evolve, from cyber threats and AI adoption to geopolitical uncertainty and regulatory change, organisations need a clear understanding of where they stand and where improvements are needed.
50 Questions to Evaluate Your Enterprise Risk Management Maturity is a practical self-assessment tool designed to help leaders, finance professionals, risk practitioners, and boards evaluate the strength and maturity of their ERM programs. Through a structured series of questions, the checklist helps organisations identify strengths, uncover gaps, and prioritise actions that can strengthen resilience and support better decision-making.
The resource examines eight critical areas of enterprise risk management:
Risk assessment
Risk appetite
Risk response
Risk reporting
Strategic integration
Risk identification
ERM effectiveness
Risk culture
Each section contains targeted questions that encourage thoughtful discussion about governance, oversight, emerging risks, and the organisation’s ability to adapt in an increasingly complex environment. The assessment also incorporates considerations around AI, cybersecurity, technology disruption, and other modern risk challenges.
Once completed, organisations can calculate an overall maturity score and use the results to understand whether their ERM program is ad hoc, developing, integrated, or operating at a leading-practice level. The tool also points users to additional resources and other recognised frameworks to help address identified gaps and support continuous improvement.
Whether you are establishing an ERM program, refining existing processes, or seeking to align risk management more closely with strategy, this checklist provides a practical framework for assessing your current state and charting a path towards a more resilient and risk-aware organisation.