What is Risk Management?
Risk is the chance of something happening that will impact on your objectives!
Risk management is just what is says - managing your risks to a level that works for you. QED Risk Services will help you to define the correct level of risk for your organisation.
Leaving the house in the morning is a risk - but if you didn't take that risk, you'd literally never go anywhere. It's the same for business. It does not matter what your organisation is - a commercial enterprise, a government department or a not-for-profit, every organisation faces risks.
When the big surprises come, will you have the tools to deal with them?
Once you know how much risk is right for you, risk management ensures that everything you do in your business stays at this level.
QED Risk Services assists you to identify all the risks your business faces; putting measures in place to control those risks and making sure they match your risk appetite; and then testing the controls to make sure they remain functional, real and practical.
If all your business risks are managed in this way, you always take on exactly as much risk as you want to and you never experience any nasty surprises!