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ENTERPRISE RISK MANAGEMENT

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Framework Development

A good risk management framework incorporates an organization's objectives, identity, culture and a working risk management process. Since every organization is unique, be it enterprises or government bodies, they possess unique risk profiles needing the right kind of risk modelling. Even within the same organization, risk models for customer service, inventory or innovation are not the same. Framework and model development requires transdisciplinary expertise that SCRP is ready to provide. We can help you go beyond the boilerplate risk management framework to deliver better results and give you an advantage.  

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Training & Implementation 

A well-designed risk management framework with customized roles, risk models and processes needs to be transmitted to employees to ensure smooth implementation. They need to know what data to collect, what events to look out for, how to trigger the risk warning system and how to manipulate risk analytics. Risk analytics involves statistical techniques that use computer tools that require training and coaching. SCRP can assist you by developing customized training and certification program to increase your organizational proficiency in managing risks.   

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Risk Culture Development

A well-designed framework needs to be translated into day-to-day practices so it would become a 'way of life' at the workplace. Employees are important data sensors that can collectively inform management about its current performances. In place of sophisticated risk technology, they play an important role in monitoring risk indicators and activating triggers. Better risk and data culture endow management with better analysis to make better decisions. Risk management culture can become the universal driving force for performance improvement. SCRP can help you build these competencies.