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Because risk management is not the core focus of your business, you rely on the services of a third-party provider to deliver the required solution. But where do you start?

While you have a duty of care to provide a safe environment for staff and visitors, designing your readiness, response and recovery plans can be involved and if not done correctly, put you in a position where you shoulder liability. So, transfer the risk to experts and allow us to design your risk solution.

We will conduct a needs analysis with each client at the start of all relationship to ensure the
solution fits for you.
 

The Three R’s

Mitigating risk should be seen as a dynamic and ever evolving process that includes Readiness, Response and Recovery. The actions in each phase combined with the transfer of data and learnings between each will ensure continued growth and capacity to manage emergency situations and minimize loss of life, limb, property and reputation.

Readiness

This is your starting point. Responsible business practise means managing your business through proactive and preventative safeguards. There are various initiatives’ that can be embarked on to build capacity in this space and to lessen the effect of loss be it physical injury, financial, property or reputational.

 
 

Response

Despite our best efforts, incidents happen! How you respond to an incident is critical and can drastically reduce your potential losses. Most rely on staff and assistance companies to manage their incidents and evacuations and whilst these are often carried out with acceptable outcomes, the mine field of potential exposures that have been “escaped” en route is terrifying. There’s a lot more to it and right now, whether you have realized it or not you are likely to be exposed!

Recovery

Once the dust settles, a different but all-important phase of managing risk begins. It is a vital stage in the risk management cycle as it involves picking up the pieces and re-building yourself or your business to the position you were in prior to the loss. I can be a technical space where you find yourself out of your depth. We are there to assist. It should involve a post incident Risk Analysis so that you and your team can draw learnings and make improvements that are driven into your Readiness phase so you can build capacity to minimise the potential of a loss going forward.