Risk Management
June 11, 2020 2020-06-14 20:33Risk Management
Risk Management
How We Help
Sohohealth’s Risk Practice is focused on providing highly-experienced risk managers to support and strengthen our clients’ enterprise risk & compliance framework. Our vision is that risk management should be part of business goals. Our approach is then to provide services that will ultimately unlock new business opportunities for our clients. Our services include:
- Creation of the operational risk management framework
- Building and implementing tools to enhance and automatize risk management
- Identification of the Key Risk Indicators depending on your specific goals
- Definition of key control points to mitigate risks
Challenges
- How to align risk management and business goals?
- How to build or change the risk culture?
Our Approach
Build The Risk Framework
- Identify main areas of risks
- Define relevant KRI for each risk identified
- Build a risk node map to visualize risks
- Assess and define key control points
Continous Monitoring
- Build risk-related data sourcing models
- Implement business analytics tools to gather insights
- Translate risks into improvement plans
