A Discipline for Dealing with Uncertainty
Useful Resources
AssuRE Risk Management: TEAL has developed a systematic and comprehensive approach to risk management. It uses the widely respected EFQM Excellence Model as a framework to identify and assess all potential sources of risk, based on criteria that cover every aspect of how organisations work. Click here (73kb) to download an overview of AssuRE. |
Risk is anything that threatens the ability of an organisation to accomplish its mission and objectives. From uncertainty about funding, service level design and achievement, the organisation's ability to meet its legal obligations, financial, environmental, employee, public etc., managing a range of risks is required for both survival and success. It is a discipline that enables people and organisations to cope with threats to their business by taking steps to protect its vital assets and resources.The environment in which businesses and organisations operate has been changing over the past 30 years.
| The Way Things Were |
The Way Things Are
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Certainty – same products, systems & people
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Supervision – check everything, command and control
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Rate of change – slow
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Technology impact – low and slow
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Nature of audit – check and punish
Risks were relatively low, opportunity to control was high |
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Uncertainty – new faces, products and systems daily
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Empowerment – everyone urged to go for it
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Rate of Change – customers demanding more from less in all sectors
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Technology – systems won’t wait for people
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People – pressure to do more with less or none
Risk taking is now seen as a virtue, opportunity to control is reduced
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Risk Management is a Discipline for Dealing with Uncertainty
Every organisation can use risk management strategies and tools to protect their vital assets. For managers in any organisation, risk management is not a task to be completed and shelved. It is a process that, once understood, should be integrated into all aspects of your organisation's management.
| How We Can Help |
Benefits to Clients |
| Management Workshops |
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| Coaching and Facilitation for Risk Management reviews |
- Deeper understanding of the challenges to implementing risk management
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Achieving management buy-in and cascading understanding
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Understanding the link with corporate strategies and plans
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Framework for establishing and linking processes with strategic objectives to add value
- Methods to evaluate and prioritise risks
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| Implementation Support |
- Effective project management including integrating improvement actions into the core strategy, planning activities and mentoring support
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To find out more please contact us at any of our offices or send us an
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