Welcoming Risk in 2013

Yes, you read it right. Who would dare to welcome “Risk” into their lives in the New Year.....other than the bravest, most prepared and proactive businesses.

We present you three low cost risk management strategies that you can adopt during the new year to realise significant short term and long term values. These will better equip your firms to face uncertainties.

1. Get your employees trained on Risk Management – The world is talking about Risk management. The least expensive and most effective approach to managing risk is to get key employees trained on the concepts of risk management and the frameworks used. This knowledge indirectly translates into better risk decision and managing risks. Our “One day Enterprise Risk Management and ISO 31000 program” would be a good option.

2. “Dip Stick Review” – Diagnostic reviews – While the best practices take time to implement and are costly projects, every company should atleast know the extent of gaps in the risk management systems. What is the level of maturity of risk within the company. Riskpro can carry out a 1-2 days diagnostic review of your organisation without any fee.

3. Allocate a budget for risk management and undertake important risk management projects – Reputation Risk Management, Compliance management tools, Developing Risk Registers and improving Risk Dashboards are some of the ways risk management frameworks can be improved. Although recession might be an excuse, we believe that these low cost high impact tools/techniques are likely to help you ride through the recession better with reduced uncertainties.

Manoj Jain
Director - Riskpro India Ventures Private Limited
M +91-98337 67114 |E manoj.jain@riskpro.in | W www.riskpro.in

Other Services of Interest

  • HIPAA Awareness Training (Mandatory) - Riskpro India

    EVENT OVERVIEW: HIPAA stands for the Health Insurance Portability and Accountability Act and is a US regulation that deals with security measures for protecting patient’s medical records. Employees...
  • SEBI's Insider Trading Amendment - Free Webinar by Riskpro India

    Another important compliance topic that kicks off today. SEBI Amendment to Insider Trading Regulations. Join us for an hour to learn the important changes and how to deal with these. Register -...
  • Sox Training

    Our sox training covers the following points. 1. What is SOX? 2. The Act and its Sponsorors. 3. The background for bringing in this act. 4. Major Sections in the Act 5. Section 404 overview 6...
  • EUC Risks : Manage Spreadsheet risks - Riskpro India

    EVENT OVERVIEW Uncontrolled and untested spreadsheet models pose significant business risks. These risks include: lost revenue and profits; mispricing and poor decision making due to prevalent but...
  • 1 Day AML Training by Riskpro India - Mumbai

    Training event in Bangalore on Anti Money Laundering (AML) and KYC “Are we doing enough to protect integrity of Indian financial sector?” Banks face growing costs to comply with AML requirements...
  • Risk Management Software - Riskpro India's solution for Automating Risk Management

    Riskpro India finally offers small and mid enterprises a risk management tool that helps them to manage risks effectively. To request a 30 days trial, please contact info@riskpro.in Why is Risk...
  • EU-US Privacy Shield for Data Transfers

    Come GDPR (General Data Protection Act) and EU-US PRivacy shield will assume more importance. Privacy Shield Overview The Privacy Shield program, which is administered by the International Trade...
  • Reduce your GDPR implementation Costs - Hire GDPR Experts in India

    Reduce cost for GDPR Compliance - Remote Consulting from India GDPR readiness assessment and implementation can be costly. And time is short. Instead of paying premium fees to local GDPR consultants...
  • Riskpro India on top of Emerging Risks that bother you

    Riskpro India is well positioned to offer advisory services for emerging risks such as Data Protection (GDPR), information security, assurance services such as Third party risk management, internal...
  • Go to top