Risk Management
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The ability of business managers to systematically identify, analyse and address the risks that exist within their business is considered an integral part of good business practice and a central component of any Corporate Governance Program.
The requirement for companies to have a documented Risk Management Program is now quickly becoming the norm rather than the exception as regulators, financiers and equity investors are insisting that companies have such programs, either as part of their licence conditions or as a key condition of doing business.
Premium has responded by creating a series of tools and processes through which Risk Management Programs can rapidly be developed in line with the needs of individual businesses. We recognise that Risk Management is a journey which evolves as specific organisational needs and capabilities mature. Premium is able to adapt and adopt its programs to clients whether they are starting out or already have a structured Risk Management Program in progress.
Premium's Risk Management Services include:
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| Workshops designed to develop understanding of the risk management process amongst members of the governing body and senior management.
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| | Facilitation of Risk Identification Processes.
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| | Development of Risk Management Checklists.
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| | Development of the parameters to be utilised within an individual client's Risk Analysis Process. (tailored definitions for use in the likelihood / consequence matrix).
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| | Facilitation of the development of Risk Treatment Plans.
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| | Production of tailored Risk Management Manuals designed to be used to train staff and promote a risk management culture within an organisation.
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| | Conduct of Risk Management System maintenance and reviews.
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To ensure that a client's Risk Management System is not left on the shelf, we have, in collaboration with our technology partners LAWLEX and KomodoCMS, developed the suite of CompliSpace online management tools that bring risk management alive in your organisation. For more details visit the CompliSpace website
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