Risk Management
As a proud partner of ARI, SSI provides the most extensive range of ERM capabilities currently available.
SSI has developed a scalable, holistic approach to Risk Management that will be effective and efficient across the entire entity that:
- Enables better understanding of issues & risks impacting organization’s ability to reach strategic objectives, goals & deliverables
- Uses combined issue & risk information from across organization to meet business objectives & drive performance & growth
- Provides basis for creating ‘risk-awareness culture’
- Addresses all types of issues & risks (e.g., operational, project, governance & compliance, strategic, financial)
- Places as much importance on exploitation & management of opportunities as reduction & management of threats
ERM Encompasses All Company Functions
- Health & safety of work environment
- Physical work place security
- Cyber security & other protections for IT
- Environmental impact on surrounding geographical areas
- Litigation
- Financial activities
- Personnel/human capital: ability to attract, retain, improve workforce skills
- Conflict of interest (e.g. relative to sponsoring government agencies)
- Reputational concerns (e.g. upset conditions impact, quality of work performed)
- Management effectiveness in preparing for and responding to various changes and disruptions, especially unanticipated “events”
- Political concerns impacting company’s business