Polemic can assist companies to understand risk systems for identifying, measuring, evaluating, monitoring, reporting, and controlling or mitigating material risks that may affect its ability, to meet its obligations to shareholders. These systems, together with the structures, policies, processes and people supporting them, comprise the company's risk management framework. The Board of a company is ultimately responsible for having a risk management framework that is appropriate to the size, business mix and complexity of the industry. The risk management framework must also be consistent with the institution's strategic objectives and business plan and maintains a board approved risk appetite. Adequate resources are to be applied on a on-going basis to ensure compliance with the risk framework. One such resource is a dedicated Risk Officer independent of management advising the Board.