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A single, centrally accessible risk register
Our risk solution provides instant visibility of risk across the business
Many organisations are still using spread sheets to capture and track risks identified within the business.
These spread sheets are normally updated and shared using email which creates versioning issues. The ability to capture risk, track mitigating activity and providing specific insights for different stakeholders across the organisation is a further challenge.
Risk management can minimise the impact of risks on the organisation if it does realise. This ability to understand, quantify and control risk allows organisations peace of mind to focus on what they do best.
Organisations need to actively capture risks identified in the business. It’s important that these risks are categorised and ranked to ensure the appropriate response activities and are assigned to the right audiences and the correct controls are applied.
It’s also important that leadership has visibility of risk across the organisation to ensure that focus is placed on risk identified in areas with the highest likelihood and impact on the business.
Decision Inc. provides organisations with end-to-end risk management capability to mitigate and minimise the impact of risks if they do realise.
THE CURRENT RISK LANDSCAPE
IT security threats and data-related risks, and the risk management strategies to alleviate them, have become a top priority for digitised organisations around the globe.
As a result, companies’ risk management progammes are increasing focus on identifying and controlling threats to their digital assets, including:
• Proprietary corporate data
• Intellectual property
• In some cases, clients ‘s personal information
BUSINESS DRIVERS
Risk Management Pain Points
Disparate manual systems
Spreadsheet-based capturing of company-wide risk
No clear risk appetite means missed ‘positive’ risk opportunities
No decision-making ability due to outdated insights
Reactive approach to risk management has negative consequences
Siloed risk approach creates disparities and misalignment
HOW OUR RISK SOLUTION BRINGS ENTERPRISE RISK MANAGEMENT TO YOUR BUSINESS
Enterprise Risk Management, via our Risk Solution, ensures that risk is captured, rated. It also provides tracking of assigned actions and associated people while providing tailored visibility to different areas of the business and management levels.
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Functionalities of our RISK MANAGEMENT SOLUTION
Our Risk Management Solution provides organisations with end-to-end risk management capability to mitigate and minimise the impact of risks if they do realise. This ability to understand, quantify and control risk will allow organisations peace of mind to focus on what they do best.
Various features are available within the risk portal, designed to enable a single source of truth to view risk across your organisation.
BENEFITS OF OUR RISK MANAGEMEMT SOLUTION
CUSTOMER SUCCESS STORY
MULTINATIONAL RETAIL GROUP UNLOCKS EFFECTIVE RISK MANAGEMENT CAPABILITY WITH RISK PORTAL
The Business Problem
An Iron Ore Mine underwent extensive expansion over the years and found thats its existing back-end system was no longer sufficient. In addition to this, the ever-evolving technology caused errors on their old system due to several compatibility issues.
Their employees were in crisis mode virtually all the time. A typical scenario included the versioning control on more than 2,500 of the documents stored on their system, this task became impractical.
The Solution and Value
Decision Inc.’s Intranet-In-A-Box, using SharePoint Online Modern Sites provides clients with a communication platform that acts as the basis from which employee engagement, communication, collaboration and productivity is driven within the business. Whileneach organisation’s intranet is their own, and no two are alike. We identified that the large majority of corporate Intranet requirements are normally quite similar. As a result, our product is pre-packaged with popular features, guaranteed to deliver hig impact in a rapid turn-around time.
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