Risk management
What is risk management?
Risk management concerns strengthening and structuring the management of the “issues that matter to the company”.
This is to make the best strategic decisions and avoid:
- products or services of inadequate quality
- inefficiency
- claims
- higher costs of insurance
- catastrophe
Companies are operating in uncertain times. No industry sector is immune from this uncertainty.
So risk management is neither an additional task nor an extra responsibility. It is part and parcel of good management and should be at the heart of a well-managed company.
Many companies are addressing the whole area of risk already, but is their structure and are risks being appropriately identified and monitored? In particular how is your company ensuring that its procedures and controls are operating consistently and effectively?
How can Smith & Williamson help?
We adapt our risk management services to your company’s requirements. We can help your company use simple risk management techniques as a formal part of your normal planning and budgeting processes.
A “one size fits all” approach to risk management is not appropriate. We fully recognise this and hence tailor our service to your organisation and your requirements.
Our risk management services include:
- a review of your company’s existing risk process
- assistance in the development of your risk management process
- facilitation of risk identification workshops
- a review of specific categories of risk and your company’s procedures to control them
- a review of your company’s processes for risk mitigation
- assistance to US owned companies with compliance with the Sarbanes-Oxley Act
Contact us
For more information about our risk management services contact:
David Hunt
tel: 020 7131 4477
email: David Hunt
Stephen Harvey
tel: 0117 376 2230
email: Stephen Harvey
