Our risk management framework development service provides a comprehensive approach to identifying and mitigating risks, tailored to your organisation's unique needs and goals.

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Our team has extensive experience in developing risk management frameworks for a range of industries, including healthcare, finance, and government.

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We work with your team to develop and implement a customised risk management framework that aligns with your strategic objectives, is practical and meets regulatory requirements. We provide ongoing support and training to ensure that your risk management framework is effective and sustainable over time.

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Our risk frameworks are designed to help organisations optimise their existing risk management processes by identifying gaps and areas for improvement. We conduct a thorough assessment of your current risk management practices and provide recommendations for improvement based on industry best practices, our own expertise and your unique needs and goals.

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We pride ourselves on not delivering clunky or bloated frameworks that don't add value. We focus on what t he Board and Leadership team need at their fingertips to make agile decisions. This includes:

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• Appetite: A statement that outlines the level and types of risk that an organization is willing to accept in pursuit of its objectives.

• Tolerance: The level of risk you are willing to tolerate before taking action to mitigate the risk.

• Escalation: A process for escalating risks to senior management or the board of directors when risks exceed the organization's risk tolerance or have the potential to significantly impact the organization.

• Culture: The shared values, attitudes, and behaviours of an organisation that influence its approach to risk management.

• Identification: A process for identifying and assessing risks that may impact your ability to achieve your strategic objectives.

• Assessment: A process for evaluating the likelihood and potential impact of identified risks and prioritizing risks for mitigation.

• Mitigation: A process for developing and implementing strategies to reduce or eliminate risks.

• Monitoring: A process for ongoing monitoring and review of identified risks and the effectiveness of risk mitigation strategies.

• Reporting: A process for communicating risk information to stakeholders, including senior management and the board of directors.

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Our team works closely with you to implement the r ecommended improvements and ensure that your risk management framework is up-to-date and effective. Our aim is always to help you reduce risk, improve decision-making, and enhance organisational resilience.