DAVIES BUSINESS RISK CONSULTING

DAVIES BUSINESS RISK CONSULTING

Updated more than 6 months ago

Short profile:

DBRC brings clarity and objectivity to the way in which organisations think about and manage challenges, opportunities, reputations and risks.

Detailed description:

Catastrophes from the global banking crisis to the environmental catastrophe in the Gulf demonstrate yet again that the implementation of most Risk Management is seriously flawed.

This is because typically it:

Is ignored or overruled by those at the top

Has no high level champion setting the tone

Is not based on a rigorous process of identifying and focusing on that which is most critical, thus dissipating and wasting effort and mismanaging the critical areas

Is the province of unempowered, unmotivated middle managers and employees

Uses at most three tools - procedures, compliance and risk financing

Ignores vital areas such as culture, motivation and capability

Is based on false, untested and unchallenged assumptions.

Keywords:

Risk management, reputation risk management, brand risk management, risk registers, risk management strategy, crisis management planning, risk management training, crisis testing, fleet risk management, fleet accidents, loss analysis, product risk management, crisis simulations, business continuity plan testing, swine flu, pandemic, business continuity planning, more for less

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