services > risk management > embedding risk management

embedding risk management

For risk management to be effective and assist you in achieving your goals, it must be embedded into your ongoing management practices.  We achieve this in various ways:

Multi-user access - provided to all key managers so they can retain control of their particular risks.

Risk materialisations - recorded using demist to build up a picture of how risk occurs in the organisation and the effects on the business.  This can also be used in place of variance analysis to explain variations from budgets and business plans (see integrating risk management and business planning).

Appraisal systems - installing systems to assess the capital and revenue risks of new businesses.

Key reporting and decision making - advising how to include risk management within these activities of the organisation (e.g. reports to board and executive teams).


words of wisdom

"Tell me and I'll forget, show me and I may remember, involve me and I'll understand"

Chinese proverb




Hargreaves Risk and Strategy