Risk Management Consulting
Are you Prepared?
In todayís world RISK can come from many directions. In controlling risk, management should understand the nature of the structure
of its business and the keys to successful execution. Business and projects are similar and comprise of four primary components:
strategy, people, processes, and customers. Controlling these areas of your business or project can result in significant success.
objective is to help you be prepared for those potential impacts to your performance and profitability.
a project or business starts its formation, understanding the strategy and how to achieve the objectives is key. Preparing the
strategy is fundamental. Components of your strategy include the vision, mission and objectives, evaluating the internal and
external factors that affect the operation, understanding the driving issues and variables will lead to success, and then mapping
out the goals to which they operation will strive to achieve.
The people are the engine of your execution.
It is recommended that you prepare an organizational execution plan which defines the roles and responsibilities, processes and approval
procedures for execution. It should also include the schedule budget and approved process for continued monitoring of progress. Be
sure to communicate your execution plan and secure feedback and commitment.
Once you have a strategy and team
organized it is important next to have processes. These processes will outline the requirements of the team in both collecting,
organizing, completing and presenting the end results to the customer. It is important to assure that the team has a clear understanding
of these processes and how they fit the strategy, objectives, structure, and client wants and needs.
you do not have business. We need to understand their wants and needs as well as their processes that they must follow in achieving
their objectives. Assuring that you have alignment with a customerís needs, your strategy, your organization and your processes
will help you advance to a successful conclusion or continuation of your project or business. These are the four top areas of risk
management and are fundamental to achieving success. Over the next few weeks we will be adding more commentaries related to
these subsets of risk management.
A proven and repeatable
Inside-Out Method that gets
RESULTS - FAST!
Empowering Your Potential
"Are your RESULTS at RISK?"
Copyright 2016 The SOS Group Inc, Houston, TX Phone: +1 (713) 249-9569