Risks can be frustrating and disastrous for leaders and businesses both in the short and long run. We do not always have the time, tools and sometimes the skill set to identify and assess and manage them from the start. A lack of risk management could cause immeasurable damage to businesses’ facilities, resources, reputation, brand value, and their ability to reconstruct their overall image.
Risks can come from many different sources:
- Constantly changing business environment, including government’s policies on trading, the fluctuation of markets, technology innovations, and the shift in consumers’ consumption behaviors.
- Negligence on financial, legal and operational management
- The media and competitors
- Internal human resources problem
GIBC will identify these risks and generate strategic solutions to cope with them:
- Identify and understand the potential risks of the organization.
- Prioritize problems that need immediate attention
- Create the risk management team.
- Follow the Principle of 3 C’s (Cash, Control and Communications)
- Propose appropriate solutions
Depending on specific cases, we offer temporary management services.