Risk is the effect of uncertainty on your objectives. You are clear on what you are trying to achieve - but how clear are you on all the vectors where internal or external risks can combine to cause material harm to your business or blind you to emerging opportunity? History shows these killer risks and opportunities are often foreseeable. Developing, maintaining and stress-testing improbable but value destroying business scenarios is critical to ensure ongoing resilience and avoiding your own 'Kodak moment'.
We have a portfolio of risk and technology experts on-hand to work with you to develop meaningful business (and major project) risk based scenarios. Using our proven methodologies and domain experience we can quickly work with key subject matter experts across your business to develop fit-for-purpose risk scenario models that really do facilitate better executive and board level decision making.
We can work with you to build scenario models that take relevant inputs from the external environment, your existing datasets, including; your risk profiles, risk appetite settings and tolerances, investment priorities and business plans. These scenario models provide pragmatic and usable insights that help you monitor and manage the things that matter most.
Well-developed and meaningful scenario models are used in three key ways: (1) to help with the strategic planning and development process; (2) to support your understanding and monitoring of your most critical enterprise risks; and (3) in the effective set up and governance of major business projects, where new or emerging risks combine with existing exposures to create heightened project design and delivery risk.
An effective and 'fit-for-purpose' risk scenario methodology is more than a timely risk exposure monitoring tool - it is also an integral part of your overall Risk Management Framework, which is the most important decision support tool you have.
Our team can help you:
Whichever service or support we deliver, we will provide you with a report that presents a meaningful view of your organisation's emerging risk profile and the measures required to safeguard your business. The report includes: