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<h2><strong>So why is risk management so important?</strong></h2>
<p id="mf21">You can deliver on time, to budget and meet all your declared objectives, but if your overall strategy is proved incorrect, the business venture will be deemed a failure.</p>
<p id="mf22">Having the wrong strategy is like making terrific progress down a path only to find that it's the wrong path. So what is the right path?</p>
<p id="mf23">The right path can only be defined against the changing world with its changing priorities, preferences and tastes. This means that your strategy will require regular testing against the dynamics of the marketplace.</p>
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<p id="mf24"> <strong id="mf25">What are the benefits of applying ERM?</strong></p>
<p id="mf26" class="line-fit-content"><strong id="mf27"></strong>The key benefits that should be realised from applying effective ERM are improving both short term and long term profitability and performance by:</p>

<ul id="mf28">
	<li id="mf29" class="line-arrow"><span id="mf30" class="line-arrow">Avoiding costly mistakes by capturing and managing risks to key projects and operational processes</span></li>
	<li id="mf31" class="line-arrow">Validating strategy by checking that all key stakeholders are on the same page with strategic priorities</li>
	<li id="mf32" class="line-arrow">Improved operational effectiveness through the adoption of a systematic and structured approach</li>
	<li id="mf33" class="line-arrow">Building relationships by increasing confidence of stakeholders/clients</li>
	<li id="mf34" class="line-arrow">Preserving reputation by avoiding corporate disasters and associated publicity</li>
	<li id="mf35" class="line-arrow-last">Anticipating market trends by ensuring that key market assumptions remain valid</li>
</ul>
<div id="mf36" class="page-title"></div>
<p id="mf37" class="line-fit-content"><strong id="mf38">What are the challenges?</strong></p>
<p id="mf39">Few organisations have implemented ERM effectively why is this?</p>

<ul id="mf40">
	<li id="mf41" class="line-arrow">Quantification is difficult/impossible some risks (eg financial, contractual) are easy to quantify whilst others are virtually impossible (eg quality, reputational). Therefore when organisations attempt to quantify the total risk to the business they tend mix good quality data with poor quality data and therefore dilute the value of the conclusions.</li>
	<li id="mf42" class="line-arrow">Prioritising enterprise risks is difficult when it comes to comparing risks from different parts of the organisation, it can be like comparing apples with oranges. This is because objectives are often not clear or prioritised across the enterprise.</li>
	<li id="mf43" class="line-arrow">Risk processes are not consistent across teams leading to differing focus, analysis, prioritisation and management approaches. Again this makes it impossible to build a consistent picture of risks across the enterprise</li>
	<li id="mf44" class="line-arrow">Risk tools are not supported by effective process very often, software tools are the first attempt by an organisation to provide some consistency. If these are not backed up by an effective risk process, the effect can be one of GIGO - Garbage In Garbage Out as poor quality data is captured, analysed and then held up as a high quality result</li>
</ul>
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<h4>Complex businesses are inherently inefficient</h4>
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<ul>
	<li>Less than 20% of all projects meet their original timescales, budget and/or objectives.</li>
	<li>Millions of pounds are lost through inefficient business processes that are easily fixable if you know where to look</li>
	<li>Companies are literally going out of business as they watch their strategy crumble before their eyes and markets shift direction</li>
</ul>
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All of the above are complicated, if not caused by dysfunctional relationships between management and their teams and are avoidable for an investment of just a tiny fraction of their potential impact.

For example, take a project of 30 people with an average daily resource cost of $400. For every day that project is delayed the budget will take a hit of $12,000. For every week of delay the cost goes up to $60,000 and a month will cost an extra $240,000.

This does not take account of lost benefits, customer dissatisfaction and loss of reputation which may cost future business, and projects of this size are often many months late.

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The final real figure could amount to losses of many millions.

We de-risk your business by combining the latest high-value management consulting techniques with NLP (Neuro-Linguistic Programming). This powerful toolset has already delivered massive benefits to a wide cross-section of clients across the world.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_tab][vc_tab title="Results guaranteed" tab_id="4df72cd3-0a1d-3"][vc_row_inner][vc_column_inner width="3/4"][vc_column_text]
<h4>Delivering on clear objectives</h4>
[/vc_column_text][vc_separator type="transparent" position="center"][vc_column_text]Clearly we cannot guarantee that you meet all your objectives - too many factors will be beyond our control. What we can guarantee is to meet an agreed set of objectives - and if we don't deliver, you pay nothing. For example, you could specify our objectives in many ways, for example:

&nbsp;
<ul>
	<li>Identifying critical risks that had been unidentified up to now</li>
	<li>Setting up an effective Risk Management Governance process</li>
	<li>Stopping the business committing to unachievable objectives</li>
	<li>Ensuring that the strategy is sound in the current business environment</li>
	<li>Acquiring a new competency in risk management for the future</li>
	<li></li>
</ul>
...and ultimately you are liable to actually meet your declared objectives, on time and within budget.

&nbsp;

In other words, you have nothing to lose by engaging us and everything to gain.

And we don't hang around! For example a cost or timescale QBC assessment could be completed in 2-3 days. Our mission is to add the maximum amount of value in the shortest time frame, transfer the essential knowledge and capabilities to your people and then move on. However, we are always available for ongoing coaching and support - both face-to-face and online.[/vc_column_text][/vc_column_inner][vc_column_inner width="1/4"][vc_single_image image="9392" border_color="grey" img_link_large="" img_link_target="_self" img_size="full"][/vc_column_inner][/vc_row_inner][/vc_tab][/vc_tabs][/vc_column][/vc_row][vc_row row_type="row" type="grid" text_align="left" padding_top="60" padding_bottom="60"][vc_column width="1/1"][action type="normal" show_button="yes" button_text="Yes please" button_link="http://92.60.127.152/~derisk/contact/"]
<h2 style="color: ##00aeef;">Would you like to know more about risk management?</h2>
We are confident that just an initial call will provide enough information to create a new outlook regarding the impact of risk management on your business.[/action][/vc_column][/vc_row]