What are your concerns ?

Risk Management ?
Have you performed a Risk Assessment of your company ?
Do you have visibility of all your Strategic, Operations, Financial and Reporting Risks in your company ?
Do you know by managing risks appropriately you can increase profits, cuts costs or both ?

How we can help ?

Have you performed a Risk Assessment of your company ?
Do you have visibility of all your Strategic, Operations, Financial and Reporting Risks in your company ?
Do you know by managing risks appropriately you can increase profits, cuts costs or both ?

We can help you with Risk Assessment within the company.  We will create a dashboard of risks to give you full visibility of all risks that is faced by the company and the actions taken to manage the risks.

Risk Management Dasboard: We will help you in creating a dashboard and consider Strategic, Operational, Financial and Reporting risks. By managing risks appropriately significant cost savings, profit gains and new business opportunities will be realized.

Risk Mapping:  We will create a risk heat map.  You wil easily locate the business operations with higher risk and whether controls have been deployed to manage those risks.

Risk Mitigation reviews: We will help you in identifying the right risk mitigation techinique, including creating the right controls, insurance and process engineering.

Write to nagesh@indigostripes or fill form on clients form to get a FREE risk consultation.

What is Risk Management ?

Risk Management is a management discipline to identify the risks (hurldes) in achieving business goals & objectives.  Then by adequately treating and managing these risks you plan to increase the likehood of achieving the business objectives. 

What are different risks for a company ?

Risk is always something that could stop companies from achieving business goals & objectives.  In order to understand them better they can be classified into Strategic Risks, Financial and Reporting risks, Compliance risks and Operations Risks (depending on neccesity it can be further divided, for most purposes these should be enough).

- Strategic Risks are generally considered to be risks that affect the long term capabilities of the company. 

- Compliance risks are related to the regulatory compliance impacts on continuing to do business and achieve business objectives. 

- Financial risks could be many including exchange rates, investing risks, and mainly managing cash flow risks. 

- Financial reporting risks are related to inaccuracies (malicious or unintended) in financial statements.

-Operational Risks are shorter term tactical risks that are related to ability to efficiently generate profits from operations (assuming generating profits is an objective of the company, ofcourse for Not For Profit organizations the operations risk could be different).

Are risks different for companies ?

 Yes, risks would be different for each company and would be different for each business unit within the company.

What is first step of Risk Management ?

The first step of Risk Management is Risk Assessment.  Without identifying the various risks, it can be managed.

Do you want to assess risks at your company ?  Please write to nagesh@indigostripes.com for a step by guide of risk assessment.