Risk Management (RSKM), whether it applies to a supply chain, a project or a financial institution, always has the same objective:
“...to identify problems before they occur and implement mitigation activities to minimise or eliminate their impact”
The most cost effective and least disruptive time to implement an RSKM program is during the earliest planning stages of an activity or enterprise. By aggressively identifying and evaluating risks as early as possible, an organisation can shape the way it does business before significant financial, contractual or organisational commitments have been made. Even if timely RSKM systems have not been implemented, the best time to start is today. Without prompt, accurate and comprehensive visibility of an entity’s ongoing risk profile, it is virtually impossible for management to make well informed and objective decisions.
RubiKon’s expertise in the RSKM arena spans a multitude of industries from defence and aerospace projects to extended enterprise supply chains and the banking and resource sectors. By defining and applying common and consistent risk parameters for the evaluation, categorisation and priortisation of an organisation’s risks, Rubikon can implement an effective RSKM framework across an entire enterprise or project.
Even in circumstances where a mature RSKM environment already exists, RubiKon can undertake process reviews and audits to evaluate the suitability and currency of existing systems and recommend improvements and updates where appropriate. If stakeholders have changed, suppliers restructured or markets evolved, it is almost a certainty that legacy RSKM processes are out of date, leaving an organisation exposed to the unknown.
By combining deep subject matter expertise with a range of proprietary and commercial tools, RubiKon can assist any organisation to enhance their risk profile.