Rethinking risk management as a strategy
to not just survive as a business, but to evolve
The goal of risk management is to understand, and ultimately benefit from, the change and uncertainty that surrounds us all. As such, risk management is no longer simply about ‘what can go wrong’.
Today, strong risk management techniques identify both risks and opportunities, help align and focus resources on core objectives, and provide businesses with clarity.
In the PKF experience, common challenges include:
- Insufficient calibration of risk management processes resulting in a high volume of work for little benefit.
- Focus on risk rather than on objectives.
- Overly complex systems.
- Administering the known risks rather than being forward-looking.
and providing end-to-end solutions
Business improvements require risk management to be integrated across your organisation’s people, processes and systems. Our experienced team will help lead risk management projects across your business, from risk assessment to full software implementation.
Our approach to strategic risk management supports compliance as well as uncovering new risks as they emerge. Early identification matters – it allows your business to not just survive, but to evolve and grow.
Directors alone cannot establish and maintain effective risk management practices. By involving all levels of your team, accountability and responsibility for managing business risk is shared, thorough and pragmatic.
Key Risk Management Contacts
Ross Di BartoloPartner
Margaret van AanholtPartner
New England North West
Ken WeldinJoint Head of Audit & Assurance