Risk Culture Building Starter Pack

Organisations are at different levels of development in the risk management field and at various levels of implementation of the associated processes, but in most small companies and even in some large ones, the concept of having a formal risk management process does not exist. In such an environment risk management does not add any value and generally no policy or procedures are documented. We live and work in a business environment where the speed and intensity of change increase on a daily basis and as the levels of change are getting bigger and things are happening faster, the risk exposure in the business increases. As the fundamental approach in business is related to taking risk with the intention of getting a reward relevant to the level of risk taken, it is of utmost importance for companies to get better and better at risk managementor alternatively go out of business. !eadership in many companies and organi"ations are asking two #uestions$ firstly, %What do we need to do?& followed by the obvious second #uestion' %How do we do that(& )he purpose of the Risk Culture Building Starter Pack is to provide preliminary guidance to companies in the early planning stages of their *nterprise +isk ,anagement -*+,. program. *+, is not a %one si"e fits all& or %implementation of a standard& proposition. As +isk ,anagement evolves within an organi"ation, the outcomes are more effective. Initiating an *+, program can be a significant investment in time and resources, but with the Risk Culture Building Starter Pack our consultants will review the organi"ation/s structure and operations. )hey will support the formulation of an action plan and provide your staff with the knowledge and tools to start building your own internal risk management process, taking into account your business ob0ectives and your organi"ational culture in planning for and tailoring a successful program to fit your operating environment.

What do I get? )he focus of the Risk Culture Building Starter Pack is to provide the !eadership and employees of companies with an overview of *nterprise +isk ,anagement, an introduction to the basic skills re#uired and the tools needed to implement a formal framework and process for *nterprise +isk ,anagement and how to measure their success and show the value of an effective risk management culture. )he Risk Culture Building Starter Pack has four main components$ 1. A consultation with leadership and management to get an understanding of the business strategy, ob0ectives and operations 2. A facilitated on site +isk Workshop with the leadership and management to identify the top risks and build a risk profile for the company 3. A 1 4ay training session for management and staff on basic risk management skills and how to build risk profiles for their areas of responsibility 5. A consultation with the leadership to discuss the outcomes of the activities and formulate a strategy to implement *nterprise +isk ,anagement within the organi"ation What will it cost? )he Risk Culture Building Starter Pack is competitively priced as an all inclusive package that is run by our consultants and facilitators over a total of 3 working days' on site at your company. )he cost starts from 674 5888 88 for a medium si"ed business. )erms 9 :onditions apply, each assignment is individually priced and travel and accommodation outside the greater 4ubai area will be added.
We support Executive Leadership Teams to develop Enterprise Risk Management capabilities that leads to sustainable competitive advantage. We have built our unique service offering in three distinct focus areas; Strategy, Enrichment and Outcomes, thus we are able to support you at any point to add value to your risk management capability

Horwath MAK Limited, P.O. Box: 506705, DIFC, Dubai

Tel: 04 325 9900

Fax: 04 325 9911

Website: www.crowehorwath.ae

Contact Person: Horst

Simon

Mob: +971 50 293 1463

E-mail: horst.simon@crowehorwath.ae

The Crowe Horwath network consists of more than 150 independent accounting and advisory services firms and in over 100 countries around the world.
Crowe Horwath International, through its member firm Crowe Horwath Global Risk Consulting (CHGRC), was recently named Advisory Firm of the Year by the International Accounting Bulletin (IAB). Founded in 2011, CHGRC is a global professional services firm assisting multinational companies with their governance, risk and compliance needs.