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Risk assessment and management
Risk is an unavoidable aspect of organisational behaviour and, as organisations
move to buying more good goods and services from external suppliers,
their risk profiles change. Organisations become more exposed to some
risks, new ones arise and others are transferred to the supplier.
The
problem is to know what risks exist, who is best equipped to deal with
them and to take appropriate action to minimise the risk. We use a portfolio
of tools (including our proprietary risk assessment software tool PRIEM)
to help organisations analyse their risk profile and to develop strategies
to manage their exposure to risk.
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