Rounded Rectangle: A standard approach is essential

Everyone has their own personal perception of risk which will influence their assessment and management of risk.  As individuals this is fine, but for a Company, this can be a weakness. 

A standard approach to risk management consistently applied will:
Provide a common framework for managing risk
Focus attention and resources where it matters 
Consider the effectiveness of current controls
Document an audit trail to support your decisions
Promote the identification of opportunities
Assist in the pursuit of your objectives
Provide practical tools for risk identification and management

There are many things in life that could happen in the future, some good and some bad, and each may have the capacity to affect your goals and objectives. Risk management is a process to proactively manage this uncertainty and improve the likelihood of achieving your goals.

 

Improved visibility and management of risk will reduce the chance of an unwanted surprise.  However, good risk management practice is about managing threats and opportunities

 

Compliance with the Turnbull Report requires Organisations seek to carry out risk management practices.  We believe, you can achieve so much more with a positive risk management culture...reduce operating costs, reduce accidents, improve company performance, motivate your people

 

 

Risk Management

Text Box: R!sk Matters can:

Develop an approach appropriate for your organisation
Benchmark you with ISO 31000:2009
Review and propose enhancements to existing processes
Improve your risk maturity and risk culture
Facilitate risk assessments
Train your people in the very best way, provide you with a sustainable training programme and with accreditation for your people
Act as in independent challenger

R!sk matters

 

© R!sk Matters Ltd  2010

Risk Management

because risk matters

Peter is a Specialist of the

Institute of Risk Management

Text Box: Don’t miss out on our FREE one hour Risk Management Health Check, provided you book by 30th June 2010

You can e-mail us at:                  enquiries@risk-matters.co.uk

Developing competence and knowledge for sustainable risk management

“Improve the likelihood of achieving your goals”