The International Standard for Risk Management (ISO31000) defines “risk” as “the effect of uncertainty on objectives”. Any organisation that has plans in place to achieve a variety of financial, operational or other goals is exposed to risks.
How you identify, analyse, evaluate and treat those risks will be unique to your organisation’s structure and operations. That said there are guidelines for good practice that exist and we base our risk consulting work on these guidelines.
We have provided risk management consulting services to new businesses that have made a start on designing and implementing a risk management strategy, through to larger organisations that are looking for some practical guidance to take their risk management efforts to the next level.