In today’s challenging global economy, business opportunities and risks are constantly changing. There is a need for identifying, assessing, managing, and monitoring an organization’s internal and external risks and comparing them to its business opportunities. Simply asked, how will your organization navigate the uncertainties that accompany operational risk?
At BFRisk, we believe that risk management implementation should be integrated with operational strategy. Risk management redefines its value proposition by elevating its focus from the tactical to the strategic. Risk management is about designing and implementing capabilities for managing the risks that matter.
We know that mission effectiveness is not negotiable despite the obstacles. We have the resources, processes, tools, and expertise to design solutions that turn your risks into opportunities.
An integrated risk management strategy considers both preventative planning to avoid risk and tactical mitigation efforts to respond if risks threaten strategic mission success. We believe that knowing where you want to end up helps find the best course of action faster.
We systematically review program vision and execution to identify potential roadblocks. We start by asking the right questions that affect the ultimate goal.
Successful plans reduce the impact of uncertainty. We help find a path to follow when a clear way forward seems out of reach. We implement a customized enterprise risk management strategy accounting for the fact that the greatest risks are not always the most obvious. We work alongside our clients to identify the unique aspects of each situation and customize the best solution using the most effective practices and technology.
Our Risk Mitigation and Resolution best practices generate proportional responses that are integrated into regular business operations, minimizing the impact on resources and sustainability. The return on this approach includes documented improvements in project value and increased stakeholder confidence, which allows for greater agility as risks emerge.