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4C Strategies>Services>Risk Management
Risk Management Services
"Our partnership with 4C Strategies provided us with international risk expertise combined with local know-how. When 800 million people are watching, there is no room for error."
Niklas Carlsson, CEO of the 2019 FIS Alpine World Ski Championships in Åre
Today, there are new demands on risk management to act as an enabler for better organisational decisions. However, traditional models don’t adequately support those organisations or business units that operate and indeed thrive under inherently higher risk conditions. 4C Strategies provides a structured, systematic and integrated approach to enterprise risk management in both the private and public sectors.
4C’s risk management services encompass each phase of the risk lifecycle – identification, analysis, evaluation and treatment – and integrates risk with business continuity and crisis management to ensure organisation-wide resilience. Our consultants have been actively involved in developing international risk management standards, such as ISO 31000, which guide our service delivery and software development.
Expertise
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Risk Management Services
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Enterprise risk management programs including frameworks, strategies, policies, criteria models and processes.
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Integrated risk management –aligning risk, business continuity and crisis management programs.
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Capability Maturity Model and Benchmarking systems to track progression.
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Risk and vulnerability assessments
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Facilitation of risk management workshops
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Embedded risk management experts and interim risk managers
Exonaut® Risk Manager
4C’s risk management services are complemented by Exonaut Risk Manager, our web-based and mobile solution to deliver a structured, systematic and integrated approach to project-based and enterprise-wide risks. Exonaut Risk Manager forms part of the Exonaut readiness management platform, with fully integrated solutions for risk management,business continuity,compliance managementandtraining and exercises. 4C software developers and implementation teams work closely with our management consultants to ensure that Exonaut is continually evolving based on our project needs, client feedback, and industry best practice.
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"There’s a sense of frustration among senior managers that risk management isn’t acting as an enabler for better business decisions. It’s time for a new risk management model."
Certainly! From your excerpt, it seems to revolve around the expertise of 4C Strategies in the domain of risk management services. Let's delve into the concepts used and provide relevant information:
Enterprise Risk Management Programs:
This involves frameworks, strategies, policies, criteria models, and processes designed to identify, assess, and manage risks across an entire organization. Such programs aim to create a structured approach that aligns with the organization's objectives and enhances decision-making processes.
Integrated Risk Management:
This aligns risk management with business continuity and crisis management programs. It involves a holistic approach that ensures these different areas are interconnected and work together seamlessly to enhance overall resilience.
Capability Maturity Model (CMM) and Benchmarking Systems:
These are frameworks used to assess an organization's maturity in managing risks. CMM helps track the progression of risk management practices, while benchmarking systems compare an organization's risk management performance against industry standards or competitors.
Risk and Vulnerability Assessments:
These assessments involve identifying, analyzing, and evaluating potential risks and vulnerabilities that an organization might face. It's a fundamental step in developing strategies to mitigate these risks.
Training and Exercise Programs:
Training programs aim to educate employees about risk management practices, while exercise programs simulate real-life scenarios to test the organization's preparedness and response to risks and crises.
Facilitation of Risk Management Workshops:
Workshops provide a collaborative environment where stakeholders discuss, identify, and prioritize risks. These sessions help in creating a shared understanding of risks and potential mitigation strategies.
Exonaut® Risk Manager:
This is a web-based and mobile solution offered by 4C Strategies. It facilitates structured, systematic, and integrated risk management, both at the project-based and enterprise-wide levels. Exonaut Risk Manager is part of the Exonaut readiness management platform, offering integrated solutions for various management aspects like risk, business continuity, compliance, and training.
Case Studies:
The case studies presented highlight real-world applications of 4C's risk management services. They showcase how different entities, from cities facing climate challenges to banks dealing with compliance issues, have utilized these services to enhance their resilience and risk mitigation strategies.
Service Areas:
Apart from risk management, 4C Strategies also provides services in various other areas like business continuity management, incident and crisis management, training and exercises, cyber security and IT continuity, thereby offering a comprehensive suite of services aimed at organizational resilience.
Understanding these concepts gives a clearer picture of how 4C Strategies operates and the range of services they offer in the domain of risk management and beyond.
