system


 

system

Our aim is to ensure that our clients have an effective risk management system that assists them to achieve their organisational objectives.  To do this, risks must be:

  • identified
  • analysed (to establish their causes and consequences)
  • classified into particular types or by department
  • owned by a specific individual
  • assessed for probability and impact
  • acted upon (for example by establishing preventative controls)
  • reported

Risk management must also be linked to other key management and control processes such as management reporting and internal audit.

We can advise you on how to improve your current system to conform to best practice in this area.  We can also provide you with demist risk management software to assist you to control, manage and report on risks.


 

words of wisdom


"It is best to do things systematically, since we are only human and disorder is our worst enemy"

Hesiod (800 BC)

 

 

 

Hargreaves Risk and Strategy