risk management methodology
While an understanding of risk management, such as AS 4360 describes, is important and helpful, actually implementing risk management in your organisation can be daunting. There are a complex set of issues to consider: how to develop and apply the techniques of risk management; how to integrate risk management into organisational processes; how to incorporate the risk approach into everyday management.
Advent ManageR®is a new and unique approach to risk management, which addresses these concerns.
When you use this powerful methodology, it is like shining a beam of light through your organisation to illuminate risks from all perspectives. Risk is identified and managed throughout your organisation in a truly comprehensive manner. Compliance with AS 4360 is assured.
Risks are analysed across ALL stakeholder outcomes, and are controlled effectively in the management systems and competency frameworks. This ensures that risk management is totally integrated into your management systems. The problem of system integration, in which individual systems (for example Quality, Environmental, OHS, Financial etc) that are focussed on different stakeholders, and operate separately, is solved. Risk management is tightly bound to the organisational change process, and drives corrective and improvement initiatives into areas of true relevance.
The key benefits are:
- Full integration of risk management into your existing management systems framework, to make them work effectively.
- Your Employees are able to control the risks in the processes they manage, which are crucial to achieving required outcomes.
- You can be confident that processes are being properly managed.
- Your Board and Senior Managers are able to look into the company to assess the level of risk exposure and the effectiveness of risk control measures across all aspects of your organisation.
- You can demonstrate due diligence to stakeholders.
- You can confidently demonstrate full compliance to AS 4360.
Quality Award Partners® can help you achieve this. Working with you, we can guide the process from beginning to and, and facilitate the creating of the risk management system with you. Alternatively, we can train you to apply this powerful methodology yourself.
Contact us now, to find out how Advent ManageR® can smooth your path to risk management.