Does your company have a risk department? If you’re a large corporate organisation, then risk evaluation is most likely factored into every department – but is it being done correctly? If your business is growing, then risk will certainly need to take priority. What’s for certain, is no business is too small to not need a ‘risk department’ of some description.
Isn’t my business too small for a risk department?
The short answer here is, ‘No!’
Every single aspect of every single business will have an element of risk. This might be related to fire safety and making sure your property doesn’t burn to the ground, or it might be related to cybersecurity and ensuring your computer systems are protecting you from potential hackers. Small businesses are arguably more vulnerable than larger businesses when it comes to risk. This is simply because a smaller business can be hit harder by factors such as Brexit, and are often forced to take bigger risks – making it all the more important to have the Risk Dashboard there to evaluate decisions before you make them.
Maybe you have an entire health and safety department, dedicated to making sure that procedures are in place to reduce the risk of accidents in the workplace, or maybe your health and safety training exists as a 10-minute online module, or worse still, an old poster on the back of a fire door!
The bottom line is, risk is apparent everywhere, and the success of your business depends on being able to evaluate risk efficiently and effectively to make sound decisions about moving forward.
The Risk Dashboard is accommodating and can seamlessly integrate into your business, whatever the sector, and whatever the size, even if you already have systems in place, or conversely, if risk management isn’t currently on your radar at all!
For smaller businesses, we can offer a package that works for what you need it to. We can look into Human Resources for you, as well as Sales and Marketing. We can evaluate your finances, ensure you’re GDPR compliant and protect you against fraud – to name just a few things we can help you with.
How can the Risk Dashboard work alongside a large corporation?
If you have an established risk department, the Risk Dashboard can be integrated into your existing systems to allow overall transparency. This will enable you to quickly identify and organise areas of weakness, allwing you to address them before they become an issue.
Large corporate organisations will clearly have different needs when compared to smaller companies, and it’s for this reason we have different price plans. These are designed to be able to easily incorporate into your existing risk strategy to enhance your processes.
For more information on how the Risk Dashboard can seamlessly be integrated into your business, please don’t hesitate to get in touch. You can visit our website or contact Neil Campbell, Commercial Director on neil.campbell@riskdashboard.co.uk or info@riskdashboard.co.uk. We look forward to hearing from you!
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