Contact us
Risk management
We analyze the reliability of the system, assess the risks and opportunities, digitize the results, help build and implement a risk management system in the organization in order to prevent financial losses in time.
Current tasks that can be solved using the risk management system
* This is not an exhaustive list of our services. Contact us and we will offer the best solution in accordance with the current business objectives
* This is not an exhaustive list of our services. Contact us and we will offer the best solution in accordance with the current business objectives
Stages of work in the process of developing a risk management system
We can guide your company through the full cycle of work or, in agreement with you, take on certain important stages
Analysis of the existing regulatory documentation of the company: analysis of the organizational structure, drawing up an audit plan for departments, analysis of the provided regulatory documentation for completeness and mutual integration, preparation of questionnaires based on the provided documentation.
Interviewing employees of departments: determining the degree of compliance with regulations, drawing up process maps "as is", determining the degree of involvement of company employees in processes, analyzing executive discipline.
Interviewing employees of departments: determining the degree of compliance with regulations, drawing up process maps "as is", determining the degree of involvement of company employees in processes, analyzing executive discipline.
- Identification of risks and opportunities: we identify probable risks (10−15 pcs) for each business process
- Risk assessment: calculating the magnitude of risks using the "likelihood-significance" or FMEA methods
- Risk treatment: selection of risks for further impact and development of measures
- Opportunity processing: forming an action plan to increase the number of opportunities in the organization's activities
- Distribution of areas of responsibility
- Formation of an organizational chart, roles, functions and reporting lines of participants in the risk management process
- Digitization of the session result and agreement with the Customer of the action plan.
- Description of risk and opportunity management processes.
Determination and regulation of steps within each stage of the risk management process (including identification, risk assessment, development of risk management measures, monitoring and reporting on risks).
- Conducting a series of working groups on all business processes of the company with key employees involved in the implementation of these business processes
- Identification of risks and opportunities of business processes, creation of action plans aimed at reducing the likelihood of risks and increasing opportunities
- Integration of the results of all working groups into a unified risk management system of the company
- Determination of KPIs for assessing the risk management system in the company
- Maintenance of the plan for the implementation of measures aimed at reducing the likelihood of risks and increasing opportunities (in the first implementation cycle)
- Implementation of a system for setting and monitoring tasks
- Implementation of the KPI system for assessing the risk management system in the employee motivation system operating in the company
- Analysis of the result obtained and the reasons for success / failure, performance assessment based on the dynamics of risk indicators
- Risk documentation is a cyclical process of continuous risk monitoring (identify-evaluate-process-analyze the result)
- Integration of digital risk management tools into the current corporate portal
- Development of our own software for tracking and managing potential risks
- Assistance in the development of technical specifications for the creation of a digital risk management system
- Methodological support for the implementation of digital RMS tools
- Conducting a strategic session on developing a risk culture
- Developing an internal communications and content plan for implementing and sustaining corporate transformation
- Training internal experts to maintain a culture of risk management
- Development of a plan of supporting activities and introduction of innovations into the existing training system of the company, employee motivation programs, etc.
- Synthesis of recommendations for further steps for the client
- Preparation of the final report.
- Creation of a knowledge base for the project and transfer to the Customer
- Conducting a presentation in front of a key customer
Our cases:
Reduction of losses due to the risk management system
Company: Manufacturing company (meat processing plant), turnover of the company — 27 million USD per year
Number of employees: more than 1500
Objectives of the project:
Reduce financial losses by introducing a risk management system in production.
Number of employees: more than 1500
Objectives of the project:
Reduce financial losses by introducing a risk management system in production.
Details
Project approach:
Key Result:
Reduction of losses by 4,000 dollars per day by identifying the risk of violations of the requirements for the technological process at the stage of production preparation.
- Audit of the company's management documentation (instructions, regulations);
- Conducting an audit of production in accordance with the submitted documents;
- Definition of business processes operating in the organization;
- Production technology compliance audit;
- Study of industry standards;
- Determination of a set of risks and potential losses for each step of business processes;
- Confirmation of the possibility of risk occurrence by means of data analysis in the management and financial accounting system.
Key Result:
Reduction of losses by 4,000 dollars per day by identifying the risk of violations of the requirements for the technological process at the stage of production preparation.
Minimizing the risk of financial losses (unexpected costs) during project execution
Company: Manufacturing Enterprise (NDA)
Number of employees: more than 1000
Target:
Increase the accuracy of budgeting projects for the supply and installation of equipment.
Number of employees: more than 1000
Target:
Increase the accuracy of budgeting projects for the supply and installation of equipment.
Details
Work process:
- Analysis of business processes for project implementation;
- Analysis of traceability of project data in the accounting system and paper workflow of project reporting data;
- Identification of the reasons for possible discrepancies between the planned and actual budget and the working group;
- Analysis of data in the accounting system in accordance with a set of potential risks for discrepancies between planned and actual budgets;
- Development of actions to reduce risks in the divergence of the plan of the fact of the project;
- Building an algorithm for project management, taking into account actions that reduce the risk of discrepancies between planned and actual budgets;
- Training of specialists involved in the implementation of the process;
- Implementation of the project management algorithm;
- Data analysis: evaluating the effectiveness of changes in the project management algorithm.
Reducing the discrepancy in the planned and actual project budget (supply and installation of equipment) from 55−50% to 10−15% due to the implementation of the "Project Management" and "Project Risk Management" procedures.
Among our clients
FUNCTIONS
MOST IMPORTANT
© 2010–2024, TSQ Consulting
CONTACTS
