Risk Landscape Snapshot
Most small businesses don't fail because of the risks they see - they fail because of the ones they miss. This high impact, three to five week diagnostic review provides a clear and visual map of your vulnerabilities, allowing you to transform unknown threats into a competitive advantage. Build stakeholder confidence by optimizing resource allocation and demonstrating your risk mitigation strategies.
What's included?
-
Strategic Alignment: By defining risk appetites, tolerances, and capacity in relation to strategic objectives, you align risk management with corporate strategy. This provides a clear understanding of your capabilities, allowing for optimized decision-making and resource allocation.
-
Risk Discovery: Risk mapping and identification across your business, to uncover known and unknown vulnerabilities. Risk identification is conducted through interactive workshops; key policy & process reviews; analysis of KPIs & KRIs; comparison against industry standards, and other tools.
-
Control Mapping: This maps your existing management actions against your top risks, creating a visual summary of where your defenses are concentrated and, more importantly, where they are absent. This allows your team to prioritize resource allocation based on actual risk exposure.
-
Risk Assessment: Receive a dynamic and fully tailored Risk & Strategy Dashboard that allows you to see detail on your risks, risk appetites, control environment, objectives, and the relationships between these variables. This gives you a never-before-seen picture of your current situation and risk environment.
-
Root Cause Analysis: A thorough investigation into the "why" behind each issue, allowing you to optimize resource allocation and implement lasting solutions to build stakeholder confidence.
