An effective Risk Management framework can help organisations increase the likelihood of achieving objectives, improve the identification of opportunities and threats and effectively allocate and use resources for risk treatment. By looking beyond processes and controls and by taking time to understand your business and challenges you are facing, our experts help you to embrace the ongoing business interruptions, accelerate performance, achieve your organisation goals and hence be more resilient on the market.
An effective Risk Management should create value, be tailored, be dynamic, iterative, and responsive to change, and capable of continual improvement and enhancement. As such this requires a change in the traditional understanding of risk by tailoring the Risk Management to the organisation’s needs and objectives, leading to the concept of Enterprise-Wide Risks Management (ERWM).
We provide a proposal on establishment of a Risk Management including the definition of the framework and establishing a monitoring process and adopt a structured approach to Risk Management that will help the Board to have a holistic view on the key issues affecting the organisation’s operations, its corporate governance practices and any other information which may have a material effect on the decisions of stakeholders.
Our Risk Management approach, based on leading standards and practices will be tailor-made to ensure consistency and the effectiveness of management control across all areas of the organisation (including strategy and planning, organizational resilience, IT, corporate governance, HR, compliance, quality, health and safety, business continuity, crisis management and security).