Business Risk Management
Business risk management (BRM) is a strategic process which helps and supports decision making at both strategic and operational levels in an organisation. The improved understanding and management of all risks likely to affect the organisation will lead to better performance and competitive advantage, especially when hazards and threats are identified, and the risks assessed and controlled.
Whether you are a company owner or director, an employee, a customer, a client, a lender, a supplier, or even our nearest and dearest, we all need certainty in our lives. Creating certainty creates sustainable and resilient organisations that can plan ahead, weather the inevitable storms, and deliver on its objectives. This has to be one of the key priorities for all organisations in business today.
Business risk management is the strategic process that aims to eradicate or minimise the adverse effects of risks to which an organisation is exposed. The modern accepted organisational vision is for a world of work, which is safe, healthy, and sustainable, and it champions a pragmatic and risk management approach, based on professional advice.
Business risk management consists of two elements, Health and Safety, and Loss Control. Safety-Zone can help organisations implementing business risk management into everything they do.
The benefits Business Risk Management can bring to an organisation!
- Ensuring Legal Compliance
- Increased organisational effectiveness Organisational Resilience
- Organisational Sustainability
- Employee Continuity
- Customer Continuity
- Supplier Continuity