Risk Management
Risk Management Framework
A structured approach to managing risks that may impact your organisation's ability to achieve its objectives, and maximising opportunities to be reach your fullest potential.
Our risk management framework development service provides a comprehensive approach to identifying and mitigating risks, tailored to your organisation's unique needs and goals.
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.
We pride ourselves on not delivering clunky or bloated frameworks that don't add value. We focus on what the Board and Leadership team need at their fingertips to make agile decisions. This includes:
Appetite: A statement that outlines the level and types of risk that your organisation 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 agreed risk tolerance or have the potential to significantly impact your organisation.
Culture: The shared values, attitudes, and behaviours of your organisation that influence your 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 prioritising 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.
Our team works closely with you to implement the recommended 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.
Leadership Risk Workshops
Interactive sessions designed to facilitate collaboration and discussion among key stakeholders, with the goal of developing or improving your risk maturity and appetite.
Our risk management workshops provide a collaborative approach to risk management that engages your senior leadership and board members to participate in the risk management process. We work with your organisation's key decision-makers to develop tailored risk appetite statements, risk frameworks, and strategic risk registers that align with your organisation's goals and objectives.
Our team of experienced facilitators includes certified risk management professionals with deep expertise in a range of industries. We provide a structured, interactive workshop format that is tailored to meet your specific needs and can be designed to address a wide range of risk management topics. We use a range of facilitation techniques to help participants identify and prioritise risks, develop risk mitigation strategies, and establish risk management frameworks that integrate with existing practices and support your strategic goals and objectives.
These workshops can be delivered in-person or online and aim to help your business develop a more robust and effective risk management framework, reduce risk, and improve decision-making. We also provide post-workshop support and follow-up to ensure that the outcomes of the workshop are effectively implemented and sustainable over time.