Case Study

Raytheon

Raytheon

Pages 4 Pages

-- Raytheon Improves Risk Visibility and Responsiveness by Embedding a Proactive Risk Culture with Active Risk Manager (ARM)The Challenge With a history of innovation spanning 90 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing, effects, command, control, communications and intelligence systems, as well as a broad range of mission support services. Prior to implementing an Enterprise Risk Management (ERM) program, Raytheon had insufficient understanding of how risk affected its projects. The culture at Raytheon was reactive and not truly risk-aware. The focus was on fixing problems and putting out fires, rather than a proactive approach of identifying and preventing problems before they occurred. R

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