Set Targets for Next Year With the Risk Dashboard

Dec 10, 2018

 

It’s never too early to start forward planning, and the New Year will be with us before we know it! But do you have a clear business strategy in place for 2019? And perhaps more importantly, does that strategy clearly identify and mitigate any potential risks you might face? If not, then we can most certainly help you… but if you already have a strategy, you still must ask yourself this – is everything clearly assessable and secure on one platform? And by everything, we mean everything. From HR, to Physical Security, our software connects different information from across different parts of your business. How can this help you to set targets you ask?

1.   It’s Simple.

“You don’t know where you’re going, until you know where you’ve been.”

We adore this quote and it summarises what the Risk Dashboard can help you quickly achieve. We can help you to look at exactly how every department has performed, and which can open doors to forward planning based on the data you have in front of you.

What the Risk Dashboard allows you to do it combine every area of your business into one simple platform. We have learning resources for every department so if you fall short on different modules, we can support you. Only when everything is on the table can you truly assess how to grow your company and succeed in 2019. We’re living in a potentially volatile economic climate at the moment, so can you really sit back knowing you have every eventuality covered? With the Risk Dashboard, you can ensure you’re prepared.

We can help you set targets such as:

2.   Build on last year

If you want to keep it simple, a good way to set new business targets is to simply look at last year’s revenue and add a growth percentage. To do this you’ll need to carefully evaluate ‘Business Continuity’, ‘Sales and Marketing’, Finance’, and ‘Procurement and Supply’ to name just a few, which – you guessed it – are all Risk Dashboard modules.

3.   Assess your capacity

One way of growing a business is by assessing your capacity. You can either hire new people or grow with the team you already have. Our ‘Human Resources’ module can help you to see if you’ve over hired, and to work with your existing team to get the very best out of everyone.

4.   Expand your services or products

Launching a new product or service is a risky business, though less so when you make an educated decision based on the information provided to you via the Risk Dashboard. We can work with you to assess risks associated with modules such as ‘Quality’, ‘Storage and Warehouse’, and ‘Transport’ which can all affect the decision on whether growth through launching new services or products is a sensible idea.

For more information, please don’t hesitate to get in touch with 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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