Risk Management
- Risk Management has become a critical area in ensuring achievement of organisational goals. There are various risks and opportunities (upside risks) that have to be managed on a regular basis, with need to mitigate and / or take advantage of in the process of value creation.
- Corporate governance requires a risk framework that will help manage such risks so as to sustain resilience and take on agility to ensure value creation. Technology has also introduced new risks and opportunities that require constant attention. Organisations exist in the Volatile, Uncertain, Complex and Ambiguous (VUCA) environment made so VUCA by global risks such as pandemics, technological changes, climate change, changing political landscape etc. Risks have become so difficult to detect, and their impact have become so difficult to measure, bring more common the Grey and Black Swans which could lead to business failure.
- We help in building a Risk Management Framework for the organisation, help boards to determine their risk appetite, develop risk policies and plans, address issues of Cyber Risks, Disaster Recovery, and Business Continuity. We also provide ad hoc advisory on issues of risks, providing independent opinion.
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