Managing business risk is key for sustainable growth in the current financial turmoil. It is unlikely that your fat cash reserve support you during a down turn for longer period. Cutting short risks is important to stay afloat in the market.
Our experience will support in finding areas where your organization can arrest potential business risks. We will categorize risk mitigation objectives into Strategic, Operational, Compliance and Financials.
Our working guidelines is ISO 31000 an its Risk Management Framework. This includes Design of Framework, Implementation, monitoring and setting goals for continual improvement of the Framework. The benefits include mitigating or eliminating risk, increase revenue, resources and process optimization, stakeholder confidence and compliance to legal and regulatory requirements.
How it benefits?
✔ Risk identification and treatment reduces financial loss & brand recognition
✔ Cost reduction by greater understanding and management of risk
✔Addresses uncertainty and ensure that risks are managed proactively
✔ Adapts to organizations needs, while improving stakeholder confidence
✔ Responds to change and facilitates continual improvement
✔ Improved loss prevention and incident management
✔ Compliance with legal, regulatory and contractual requirements
✔ Protection of brand and reputation
How can we collaborate?
✔ Design risk framework
✔ Establish risk management process
✔ Implement comprehensive review of potential risks and mitigation plan
✔ Develop Risk Management policies, procedures and accountability
✔ Risk Analysis, Evaluation and Treatment
✔ Implementation of risk treatment plans
✔ Employee(s) awareness and engagement