ORGXPERT
Risk
Management
At OrgXpert, we help organizations identify, quantify, and mitigate risks to build resilience and ensure sustainable growth. Our comprehensive risk management services focus on aligning risk strategies with organizational processes, operations, and strategic goals.
Navigating the complexities of modern business requires a proactive and comprehensive approach to risk management. At OrgXpert, we understand that each organization faces unique challenges and opportunities. Our risk management services are designed to provide a tailored strategy that addresses your specific needs.
We start by thoroughly analyzing your current methods of risk identification and quantification, ensuring that both inherent and residual risks are accurately assessed. This allows us to develop a clear picture of your overall risk exposure. Our strategy includes a detailed examination of how risks are managed within your projects and processes, ensuring that operational and strategic risks are clearly delineated.
We provide actionable recommendations through comprehensive reports, helping you address potential issues and capitalize on opportunities. Our implementation projects and monitoring tools ensure that your risk management strategy is continuously refined and effective.
In developing a robust risk management system, we establish clear protocols for risk identification, quantification, and ranking. We create feedback mechanisms that link risk management to organizational transformation, ensuring that mitigation and continuity plans are integrated with your existing systems.
Our process-aligned risk identification services focus on clustering business processes, identifying inefficiencies, and translating risks into a comprehensive register.
For both operational and strategic risks, we use advanced models to quantify and mitigate potential threats. Our risk registers are meticulously developed to ensure accountability and responsibility are clearly defined within your organizational structure. By integrating risk management with performance, process, and project management systems, we help you build a resilient framework that supports long-term success.
OrgXpert’s expertise in risk management ensures that your organization is well-prepared to navigate uncertainties and achieve sustainable growth. Our tailored consulting services, including online consultations, interviews, focus groups, digital questionnaires, and desktop analysis, provide a thorough understanding of your unique risk landscape. With OrgXpert, you can confidently manage risks and drive your organization towards a secure and prosperous future.
Risk Management Strategy
- Analyse method of risk identification.
- Analyse method of inherent risk quantification (quantification of probability and impact).
- Analyse method of residual value quantification (mitigation and continuity values).
- Analyse method of risk exposure quantification (inherent risk less residual value).
- Analyse accountability and responsibility for decreasing risk exposure.
- Analyse the extent to which risk remedies are incorporated and managed through projects and processes.
- Assess the extent to which operational risks are split from strategic risks (performance risks vs. relevance risks).
- Deliver risk management reports with clear recommendations.
- Address risk management problems and opportunities through a detailed risk strategy.
- Develop clear implementation projects.
- Develop monitoring tools.
- Deliver risk management strategy.
- To do the above, we will do online consulting, interviews, focus groups, digital questionnaires, & desktop analysis.
Risk System Development
- Agree on risk management model and definitions.
- Develop risk identification protocol.
- Develop risk quantification metrics.
- Create risk ranking protocols.
- Create feedback system that connects risk management to Org transformation.
- Develop risk monitoring and reporting protocols.
- Link risk mitigation and business continuity to a work organising system (i.e., integrate with process and project management systems).
- Develop the risk register.
- Test the system.
- Train Org representatives to use the system.
Process Aligned Risk Identification
- Develop purpose as a process.
- Cluster business processes into the Level Zero model.
- Identify obstacles to inefficiency within the process flow.
- Analyse activity flow to identify business process risks.
- Quantify risks, develop treatments, and translate to the Org risks register.
- Deliver and adopt process aligned risk register.
- To do the above, we will do online consulting, interviews, focus groups, digital questionnaires, & desktop analysis.
Operational Risk Register Development
- Use the orgtology Level Zero model to identify operational risks.
- Agree on risk register format.
- Develop a risk management template.
- Quantify probability and impact for each operational risk as a % value.
- Develop mitigation plans to reduce probability and continuity plans to reduce impact.
- Quantify mitigation and continuity plans as a % value.
- Deduct residual value from the inherent risk value to get a risk exposure value.
- Allocate accountability and responsibility for decreasing risk exposure to the organogram (Org Structure).
- Ensure that risk remedies are incorporated and managed through projects and processes.
- Ensure that operational risks are split from strategic risks (performance risks vs. relevance risks).
- Translate risk quantification & plans to the risk register. Link each risk to a Level Zero area, and with a specific business process.
- Deliver and adopt operational risk register.
- Establish cross-functional teams to ensure that risk exposure is reduced.
- To do the above, we will do online consulting, interviews, focus groups, digital questionnaires, & desktop analysis.