Our professional team has extensive experience in the provision of risk management services to major corporate business as well as leading global risk and governance teams for major international and Big 4 global consulting firms. Our experience is diverse and we are readily able to tailor an effective and economic solution to managing the risk your organisation faces as well as taking advantage of the opportunity it can present. Our focus is on ensuring strong governance and assurance to Boards and senior executives whilst integrating risk management practices in existing operations.
Whilst Strategic Risk Solutions provides services across all areas of risk management our focus is on the following four key areas:
Development and implementation of enterprise wide risk management frameworks including compliance and governance frameworks
Conduct of risk assessments and independent reviews
The provision of outsourced risk management services
Risk management and awareness training
In our experience with clients we have identified that whilst some policy and procedure almost always exists around risk management practices often it is not sufficiently integrated enterprise wide, existing systems can be in need of review and audit and many clients whilst not requiring a full time resource can benefit significantly from an outsourced service along with the provision of training.
Development and implementation of ERM frameworks: It is widely accepted that organisations can significantly benefit from an enterprise wide risk framework. Many organisations have strong risk practices isolation and it is our experience in bringing disparate practices together under a single ERM framework that can add significant value to an a business and provide strong level of assurance to its senior executive and Boards.
Risk assessments and reviews: Having conducted assessments for hundreds of organisations Strategic Risk Solutions are able to bring a breadth of experience to your organisation in conducting risk assessments. Long-time adherents to the Australian risk management standards we now endorse and adopt the international standard on risk management ISO31000 in all our assessments and reviews. Additionally, where specifically required by our clients, we can utilise the COSO framework.
Outsourced risk management services: Strategic Risk Solutions have identified that organisations can gain significant value add within their business by the use of an outsourced model for the management of their risk (including their insurance program). Such a model provides the services of a highly experienced risk team, a dedicated and always contactable experienced ‘risk manager’, current and broad industry experience, frees up internal resources to focus on their ‘key’ roles and enhances the overall economic benefit to an organisation by an integrated and coordinated management of their risk response. Generally financial benefits are immediately forthcoming through insurance reviews for example.
Risk management training/workshops: We have provided risk management training to thousands of employees and many organisations. Training is able to be developed and delivered from basic introductory level to detailed and highly focussed workshop scenarios with boards and senior executives.