When an organization is constantly dealing with the reoccurring issues or is often being caught by surprise by events that should have been foreseen (or at least reasonably expected), it means that their current intelligence-gathering process, threat countermeasures, and risk mitigation protocols are non-existent or ineffective. Such deficiencies, in turn, do not allow the stakeholders to have a clear picture of their company’s situation and make it difficult for them to make informed decisions and address the root causes of the problems.
Unidentified (or ignored) elements that encourage or facilitate the occurrence of undesirable events will have a negative impact on the company’s operations and reputation. To address the situation, and to limit the impact of various threats, a review and analysis of the company’s operational environment needs to be conducted in order to reassess its risk appetite and its risk tolerance, and reevaluate the company’s risk mitigation strategies in relation to the specific threats, risks, and vulnerabilities that the organization faces or may face in the future.
Such exercise is crucial if the company wants to know what threats represent the highest risks to their operations and what measures have to be taken as soon as possible in order to efficiently maintain its business activities and avoid unpleasant surprises.
Our Risk Management Consulting service is based on an intelligence-led analytical approach that allows us to offer business owners and corporate managers the information they need to correctly assess their company’s operational environment, and identify, classify, evaluate and prioritize various threats and risks to their business activities.
This in turn allows our risk management consultants to help our clients make the right decisions for their companies, and offer them valuable advice on how they can: