Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Risky business
1. Risky Business? “Identification and assessment of risk associated with business transformation” Eileen Abbess, The Nichols Group
2. Workshop scope Identify Objectives Assess Plan mitigation Implement plan Monitor A risk management process … … and need to understand the context ie what is meant by business transformation
3. What is business transformation? project programme people process technology systems tools benefits skills
4. What is business transformation? For the purposes of this workshop: “ A programme of activity which transforms how a business operates” eg changes processes, provides new tools, changes peoples’ jobs
5.
6. Common causes of failure in business transformation Source: from John Kotter’s 8 step process in ‘Leading Change’
11. Enterprise risk management “… a process, effected by an entity’s board of directors, management and others … applied in strategy setting and across the enterprise … designed to identify potential events that may affect the entity … to provide reasonable assurance regarding the achievement of objectives …” COSO
For reference ie its overriding objective is to provide reasonable assurance that the business objectives can be achieved COSO Committee of Sponsoring Organisations – dedicated to improving the quality of financial reporting through business ethics, effective internal controls and corporate governance – formed in 85.
Different tools and techniques exist within different perspectives of risk management – some are proprietorial. Need to consider how to bring these together / make them harmonious in a way to enable the business to get an overview/ complete picture – using
