Risk Outlook Workshop Book Free Consultation Now!
Risk Transformation:
How will you future-proof
your organisation?
How will you future-proof
your organisation?
We will deliver assurance to the forefront of change, transforming how you perceive and capitalise on risk.
Top 10 Global Risks.
Top 10 Global Risks.
We will deliver assurance to the forefront of change, transforming how you perceive and capitalise on risk.
The Risk Outlook Workshop:
Who We Are
We are a global and diverse team of risk experts that have the eagle edge. We remove the fear out of risk management by delivering assurance to the forefront of change, transforming how you perceive and capitalise on risk.
We are the catalyst for risk transformation, resilience creation and growth acceleration of our client's enterprise value. We turn risks into opportunities.
How We Do It
Dealing with emerging risk requires a balanced and inclusive approach to managing overall risk. It is not about managing these separately, but as a more complete part within the overall risk environment. With this view, rather than trying to identify specific risks (such as pandemics), risk functions should own the responsibility to analyse the potential impact of emerging risk on assets that are critical to the business. As the risk landscape continues to evolve, risk management will need to bring more skills, strategies, and solutions to bear on these new risks. We work with clients to unveil uncertainty by looking at the system structure to find patterns before they turn into an event that disrupts objectives.
Where We Look
Book a Free 1 Hour Consultation Call and we will send you a free copy of our Risk Outlook eBook.
Do you know the risks that will impact your organisation?
Learn about the new trends, market shifts and industries changes that could affect your organisation with our eBook.
Why Risk Outlook?
While there are still extensive and evolving risks related to the pandemic the overall range of emerging risks is vast. In addition to pandemics, these risks include cyber security, climate change, accelerating workforce trends, domestic risks, resource shortages, supply chain interruptions, stresses upon the global financial situation, currency fluctuations, and unforeseen developments linked to the deployment of technologies, such as artificial intelligence and robotics.
Are you falling behind the rest of the market?
The future market leaders will be the ones who know how to manage their risks.
78% of small and medium enterprises in Australia lack communication about the importance of risk management in their organisation.
47% of small and medium enterprises in Australia do not conduct risk assessments in their organisation.
Are you falling behind the rest of the market?
The future market leaders will be the ones who know how to manage their risks.
78% of small and medium enterprises in Australia lack communication about the importance of risk management in their organisation.
47% of small and medium enterprises in Australia do not conduct risk assessments in their organisation.
Why Now?
Never in modern times has one event had such a wide-ranging effect on the world, its inhabitants and its ecosystems. Following the Great Lockdown will come the Great Transformation, a series of profound changes to what is already being described as the “old normal”. As the world stands on the edge of change, this is a pivotal moment for leaders to seize the opportunity to shape a better new normal. Accepting and merely navigating the fallout from large-scale disruption risks will result in a poorer – some would say dire – outcome. The future will be defined by the organisations that transform their risk roadmap.
The Risk Transformation
Book a Free 1 Hour Consultation Call and we will send you a free copy of our Risk Outlook eBook.
Do you know the risks that will impact your organisation?
Learn about the new trends, market shifts and industries changes that could affect your organisation with our eBook.
What You Will Get
Risk Outlook Report
TEXT
Risk Outlook Briefing
TEXT
Risk Transformation Roadmap
TEXT
What's Included?
Strategic Plan
We understand that within an organisation there is a series of goals of different kinds and on different levels. To create a strategic plan, we define what is important to achieve and then set the goals around them. The goals that concern organisations the most are typically company relations with stakeholders, the strategic goals we usually develop over several years. However, as strategies only work if they are implemented and executed appropriately, we ensure practicable programs are therefore formulated. Our programs can be related to several elements, but they all are centralised into unified strategic plan.
Market Research Report.
We help you uncover quantitative data such as size and demographics, and even qualitative research data like psychographics to get a better understanding of the size and scope of your industry. We provide an analytical understanding of what your customers want, and what your competitors are doing to succeed.
Industry Research Report.
TEXT
Strategic Research Report.
We break down strategic research attributes to understand how we can conduct a complete strategic analysis of your organisation, so it is able to plan and perform better with each passing year. Once your organisation has successfully completed its internal analysis, your organisation needs to know about external factors that can be a hindrance in their growth. To do so, we need to know how the market functions and how consumers react or behave to certain products or services. Measuring customer satisfaction is a common external analysis method along with. Below are more commonly known analysis techniques we also employ:
Process & Practices Report.
We leverage our highly skilled Business Continuity Management (BCM) and advisory experts, along with our BCM tools and process, to offer a scalable model to meet our client’s requirements at any point of their business continuity maturity roadmap. We work closely with and provide transparency to our clients as we walk through the discovery, initiation, and implementation phases of the effort.
Capability Gap Report.
We leverage our highly skilled Business Continuity Management (BCM) and advisory experts, along with our BCM tools and process, to offer a scalable model to meet our client’s requirements at any point of their business continuity maturity roadmap. We work closely with and provide transparency to our clients as we walk through the discovery, initiation, and implementation phases of the effort.
Risk Maturity Report.
TEXT
Risk Culture Business Case.
TEXT
Risk Culture ROI Report.
TEXT
Enterprise Risk Report.
We develop an Enterprise Risk Management framework which includes the policy & procedures that defines the processes for the identification, assessment, and response to the risks along with the subsequent monitoring. It also includes the roles and responsibilities defined for the people who manage the risks for the organisation. With a combination of people, process and technology where the risk management team follows the set of processes, as defined in the policies, and with the help of risk management tools, we help your organisation to smoothly conduct the Enterprise Risk Management program. This is per the framework defined by the organisation, with timely reporting to those in charge of governance, such as the board of directors and audit committees.
Environment, Social & Governance Report.
TEXT
Cyber Security Report.
Cybersecurity is the combination of the people, policies, processes and technologies employed by an enterprise to protect its IT assets. It is the practice of protecting systems, networks, and programs from digital attacks. These cyberattacks are usually aimed at accessing, changing, or destroying sensitive information - such as extorting money from users, or interrupting normal business processes. Our cybersecurity approach has multiple layers of protection spread across your computers, networks, programs, and data that is essential to keep safe. Cybersecurity is designed to provide multiple layers of protection across all the computers, networks, and programs used by an organisation. In order to create a unified defence against potential cyberattacks, it is important that your business, employees, processes, and technology work seamlessly together. We implement a cybersecurity framework and monitoring system that will detect, investigate, and resolve potential weaknesses and vulnerabilities in your system, before they can be exploited by a hacker or malicious software.
Information Security Report.
Information Security Management is “the practice of preventing unauthorised access, use, disclosure, disruption, modification, inspection, recording or destruction” of sensitive records. We implement a well-structured set of policies and procedural controls that your organisation can adopt to secure your informational assets against threats and vulnerabilities, both internal and external. We support the implementation of an Information Security Management System (ISMS) to achieve compliance with ISO 27001 and to ensure the security of your informational assets. We focus on the training and communication of the practices, so your organisation derives the complete benefits of Information Security Management.
Governance Report.
Governance describes the overall management approach through which senior executives direct and control the entire organisation, using a combination of organisational information and hierarchical management control structures. It ensures that critical management information reaching the executive team is sufficiently complete, accurate and timely to enable appropriate decision making, and provide the control mechanisms to ensure that strategies, directions and instructions from management are carried out systematically and effectively.
Compliance Report.
Compliance refers to staying within both the mandated boundaries and the voluntary boundaries. Businesses must comply with various standards, laws and regulations to avoid the penalties that result from non-compliance. Compliance means conforming with the stated requirements. At an organisational level, it is achieved through management processes which identify the applicable requirements, assess the state of compliance, assess potential costs of non-compliance against the projected expenses to achieve compliance - and hence prioritise, fund and initiate any corrective actions deemed necessary.
Supply Chain Risk Report.
We support you to take the necessary steps to identify, assess and mitigate the risks of your organisation’s supply chain. Implementing global supply chain risk management strategies, to help your enterprise operate more efficiently, is a process we can assist with. We apply risk management process tools after consultation with your risk committee, either in collaboration with supply chain partners or independently. You can then deal with risks and uncertainties caused by, or affecting, logistics-related activities, product availability or resources in the supply chain.
Business Continuity Report.
We leverage our highly skilled Business Continuity Management (BCM) and advisory experts, along with our BCM tools and process, to offer a scalable model to meet our client’s requirements at any point of their business continuity maturity roadmap. We work closely with and provide transparency to our clients as we walk through the discovery, initiation, and implementation phases of the effort.
Let's Get Connected!
The Mission of Eagle Edge is to influence positive change by transforming how businesses perceive and capitalise on risk. We remove the fear out of risk management with analytics.
We are the catalyst for risk transformation, resilience creation and growth acceleration of our client's enterprise value. We turn risks into opportunities.
Delivered Outcomes
New formed beliefs.
Communication and discussion of risk is recognised as not only a process to provide information to senior management, but also a way to share risk information within and across operations of the company, and allow better insights and decision-making concerning risk at all levels.
Improved focus.
Organisations that have conducted Risk Outlook remark that increasing the focus on risk at the senior levels results in more discussion of risk at all levels. Risk Outlook also permits a more complete viewpoint on risk. Traditional risk practices focus on mitigation, acceptance, or avoidance. However, effective Risk Outlook gives management a framework to evaluate risk as an opportunity to increase understanding and communication.
Behavioural change.
The resulting cultural shift allows risk to be considered more openly and breaks down silos with respect to how risk is managed. As risk discussions develop into a standard part of the overall strategic business processes, operational units often find that addressing risk in a more formal way help manage their part of the organisation as well.
Informed decision making.
One of the major values of Risk Outlook is improved, timeliness, conciseness, and flexibility of the risk data. This provides the data needed for informed decision-making capabilities within the executive and director levels, and in other layers of management. Risk Outlook helps management recognise and unlock synergies by aggregating and sharing all corporate risk data and factors and evaluating them in a consolidated format.
Facilitates effective governance.
Effective governance is critical aspect of a successful business. It supports strategic management in delivery of the strategy, managing costs, attracting investment, making better decisions, and responding to risk. There has never been more focus on how organisations identify and manage risk. From regulators to investors to senior executive management, companies are under pressure to be able to clearly articulate how they identify the principal risk to their business and how they ensure these are being managed within their risk appetite. Clear risk perspective facilitates effective governance.
Disasters avoided.
Flaws in Risk Outlook, from poor leadership and communication to general incompetence, have all been blamed for a variety of industry disasters. Risk Outlook helps to develop solid leadership attitude and perspective about risk. Which enhances the communication across the entire organisation. This helps to reduce the impact of a catastrophe should one occur.
Builds resilience.
Companies notice an increased emphasis on resilience and recovery related to everyday tasks as a result of strengthening their Risk Outlook. Employees apply concepts automatically, whenever they develop a new product or service, or they are quicker to adapt when a process goes askew. The concept starts to apply in everything they do, particularly if there’s robust management support.
Protected assets and reputation.
Risk Outlook transitions risk management from “avoiding and hedging bets” to a differentiating skill for protecting and enhancing value as management seeks to make the best bets in the pursuit of new opportunities for growth and return. Risk Outlook is essentially creating an understanding on risk that is focused on how to perceive it individually and as an organisation.
Clear direction.
Your Risk Outlook determines your company’s high-level direction, driving all internal decisions. Investment, hiring, development, etc. decisions will be made in accordance with corporate strategy. It enables cohesive planning and decision making throughout the organisation, advancing common objectives.
New opportunities.
There is uncertainty about any opportunity an organisation will take. Each endeavour has an associated risk. That is where Risk Outlook plays a significant role. Organisations need to increase their risk-taking capability to cash in on opportunities. With a robust Risk Outlook, organisations can identify and analyse risks and decide which risk is worth taking.
Sustainable competitive advantage.
Risk Outlook helps management overcome silo behaviour by aligning and integrating varying views of risk and enabling the organisation to successfully respond to a changing environment. Risk Outlook elevates risk management to a strategic level by broadening the application and focus of the risk management process to all functions creating a sustainable competitive advantage for the organisation.
Book a Free 1 Hour Consultation Call and we will send you a free copy of our Risk Outlook eBook.
Do you know the risks that will impact your organisation?
Learn about the new trends, market shifts and industries changes that could affect your organisation with our eBook.
Frequently Asked Questions
Why should you tackle emerging risks?
Whilst traditional risk management focuses on supporting an organisation to achieve its objectives and plans, tackling emerging risks enables an organisation to build and maintain resilience to ensure that it will survive and even thrive in uncertain times. Resilience can enable the organisation to anticipate possible adverse scenarios or events, prepare for them, withstand or absorb their impacts, recover from the effects and adapt to the changing conditions. Allowing it to respond and adapt to opportunities and take prompt and informed decisions with confidence.
Why is it important today?
It’s time, in our view, for risk functions to step up their game. Business leaders should be putting emerging risks higher up the awareness and action spectrum. It’s no longer enough just to monitor and report; organisations need to be better prepared to take quick action while developing an internal culture that can better guard against the emerging risk. Effective risk management is not only about predicting what will happen, but it is about being prepared for when challenges arise.
Why do most organisations avoid tackling emerging risks?
Emerging risks are risks, and the usual risk management processes remain relevant. However, it is often impossible to quantify likelihoods and impacts with certainty for emerging risks. The ‘ambiguous’ characteristic of emerging risks and the lack of information available to understand the risk make it difficult to take decisions on a timely basis. Historically, many organisations have side-lined emerging risks into the ‘too difficult’ bucket because they tend to sit in the ‘low likelihood / high impact’ arena and fall beyond the short-term objectives that many organisations prioritise. If your senior management or Board are inexperienced in strategic planning or risk discussions, this can present an additional challenge. Added to this are the pressure on leadership time and the tendency to discuss only current issues as there is more information available.
How do organisations tackle emerging risks?
Emerging risks may be difficult to manage as the assignment of risk ownership can be complex and unclear. What organisations can do is translate the vagueness of an emerging risk into an organisational risk that they are more familiar with, e.g. regulatory, strategic and operational risks. This makes it easier to take action to tackle the risk, as it means that responsibility for the emerging risk can be redistributed to appropriate levels and people within an organisation. In short, following through on preparing for emerging risks – not just identifying them – can make your organisation more resilient and confident in the face of an uncertain future and can allow charities to adapt and thrive.
What could happen if you don't tackle emerging risks?
Managing emerging risks is important for an organisation because its success determines its longevity. If an organisation fails to identify risks to its existence, it will be ill-prepared to face any risk events and that will impact its performance. Failure to manage emerging risks could be the undoing of an organisation's future.
Copyright © 2021 Eagle Edge. All Rights Reserved. | Since 2019
