Corporate Risk Management

Corporate Risk Management has a clear objective: to reduce a company's exposure to risks – whether caused intentionally or unintentionally – such as malicious or terrorist acts, or cases of negligence.

A risk manager identifies and evaluates the risks inherent in events of every type so that they can be countered with a coordinated and cost-effective approach. This makes it possible to reduce and control the likelihood of feared events, and to reduce their potential impact.

 

Tools

Our approach is based on standard ISO 31000:2009, «Risk Management Process» which sets out principles and guidelines as well as a framework for managing risk in all its forms.

This approach allows us to offer an internationally recognised benchmark comprising the following services:

  • Advice regarding on-site guarding: audit, raising awareness of employees and management
  • Support for customers with establishing their on-site guarding policy
  • Crisis management: crisis situations are managed efficiently and effectively – various crisis scenarios are studied, and responses are proposed as appropriate to the complex situations that can arise in your company. Based on an interview with our customer, we draw up an on-site guarding plan in anticipation of a crisis. Various crisis scenarios are considered and appropriate responses are listed.
  • SRA = security risk analysis (criticality index = impact x probability) – risk acceptance process.

 

Crisis management

All businesses have one thing in common: every day, they are confronted with «problematic» situations. Most of these situations are resolved quickly. Others come to nothing. But some of them can escalate to the point where they produce a «risk situation». These risk situations can escalate still further to trigger crises that have the potential to weaken the effectiveness of the company’s in-house staff, and they can also inflict lasting damage on the firm’s reputation and credibility in the eyes of the outside world.

Types of crisis:

  • Acts of aggression
  • Explosions
  • Sabotage
  • Terrorism
  • Accidents
  • Incidents involving pollution
  • Fires
  • Social crises
  • Illnesses
  • Strikes, redundancy plans
  • System breakdowns, outages, failures
  • Bankruptcy filings by customers or suppliers
  • Sale of a company
  • Restructuring
  • Theft of materials, equipment or data

 

Contact us!

For many companies and organisations, crisis management is an essential and integral element of the business continuity plan. In certain sectors such as banking and industry, a business continuity plan is actually required by law.

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