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 Facilitation
Organisations that do not deal effectively with risk will
increasingly falter - as the spate of recent failures and embarrassing
revelations have shown.
As this environment becomes ever more dynamic,
complex and uncertain, the enormous opportunities offered by globalisation,
developments in technology and a broader environment could easily
become threats. This will be particularly true if other organisations within
your sector adapt faster
or more efficiently.
Recognising and effectively managing the key
risks impacting your organisation is demonstrably the route to success in
this new global economy
The BRM process allows any organisation
to develop and deliver such a programme
The Process
A facilitated workshop based approach with the objective of enabling any organisation
to quickly and effectively evaluate the significant risks impacting its operations
and future direction.
The Deliverables
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Key risks identified and recorded
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Risks sifted and clustered using a proven
model
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Each risk evaluated as to magnitude and likelihood
of occurrence
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Results plotted on a matrix
(link opens in new window)
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Mitigation evaluated and recorded for each
key risk
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Exposures identified
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Exposures assessed and actions proposed using
the four T's
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Tolerate (accept the risk e.g. those
with low likelihood or low impact)
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Transfer (normally via insurance)
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Terminate (eliminate the risk if too
great for the business to bear or ways to reduce it are impractical
or too expensive)
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Tackle or Treat (reduce the risk by taking
specific action) Experience has shown that the
vast majority of risks can be treated
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Action plans developed and assigned to address
the manageable exposures
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Fully detailed risk register with all risks identified,
including mitigation, exposures and actions planned prepared and issued (link
opens in new window)
Why Business Risk Management
Ltd
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The company specialises in this field
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The process used is comprehensive but simple
to understand and apply - it is therefore extremely cost effective
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Services are tailored specifically to meet
clients exact requirements
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Programmes are delivered personally by a
Director of the Company
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Clear, comprehensive and timely output will
be delivered with action plans that can be immediately put in train.
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The process is proven and has been highly successful with hundreds of
clients.
The following links provide an example of a memo to
launch a Strategic Risk Programme and a typical proposal
for provision of Risk Management services and a list of the benefits
clients have achieved.
Launch Memo
Risk Management Proposal
Risk Management Benefits
The Challenge
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