Recent high profile examples of business failure due to poor corporate governance, have lead to the increasing realisation that risk exist in all aspects of business operations. The traditional method of addressing these risks has been through audit which assesses past performance with respect to defined operating procedures in order avert future risks. By its nature auditing is a retrospective technique for risk management; predictive techniques such as quantitative risk assessment and scenario planning look to foresee risks that may not have been evident in past operations i.e. due to external business environment changes, and are considered better tools for business stewardship.
Trident Consultants offers a comprehensive range of business risk management services which:
1. Comprehensively map the key business processes.
2. Systematically identify potential threats to these processes.
3. Assess business risk resulting from these threats.
4. Discourage risk averseness through positive and active management of risks.