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  • Business Mentor

    Having a Business Mentor can validate, check and challenge your decisions. This will either de-risk or ensure you have considered all probabilities and eventualities and the risks are acceptable.
    Management Governance

  • Consultancy

    Consultancy provides expertise when you need it. The right consultant will save your business £000's in operational delivery and business solutions as a expert.
    Management Governance

Corporate Risks

Corporate or business risks are the responsibility of the business directors or owners.  Every board meeting should have an agenda item which covers Governance and a sub item of the Business Risks or those Operational or Service specific. Risk analysis does not identify static risks, risks change and develop based on internal and external factors. It is important the reviews are frequent to ensure the risk register is up to date and representative. Corporate risks should be reviewed quarterly as a minimum.

Business risks are not static and will change and it is important that this is reflected in ther risk register, mitigating actions and changes or issues arising.  The following is an example of a risk register.  The main consideration with a risk register is the process undertaken and how risks are identified and reported.  Every business needs to demonstrate that risks are not just identified but managed which means mitigating actions.

BUSINESS RISKS

 

ID

IMPACT

PROBABILITY

SCORE

STATUS

IDENTIFIED

LAST REVIEWED

Poor Governance

0001

HIGH

MEDIUM

15

AMBER

01/01/2010

14/08/2019

Income/Revenue not forthcoming

0002

LOW - MEDIUM

LOW - MEDIUM

4

GREEN

01/01/2010

14/08/2019

 

Scoring Risks

It is important that risks are scored and tracked, demonstrating reduction in probability or impact through mitigating actions as agreed with the board of directors. 

  1.  - Low Probability or Impact
  2.  - Low/Medium Probability or Impact
  3.  - Medium Probability or Impact
  4.  - Medium/High Probability or Impact
  5.  - High Probability or Impact

Traffic Lights

Make the risk register more visual. Using Red, Amber and Green based on Impact multiplied by Probability.  

Information Audit

With GDPR your information management and controls, for both electronic and printed data, need to be up to date, meticulously managed and actions logged so as not to expose the organisation to legal challenge.

GDPR AUDIT

Skills and Training Matrix

It is important that Workforce Planning has a place in the company that you can at any point in time assess a need and how you can deliver. Understanding all staff Training, Skills and Experience will enable the Company to assess but also strategic planning.

Skills Matrix

Management Controls

In business it is important to not only have checks and balances it is equally important that these are demonstrated. Controls cover Financial, Personnel and Strategic decisions. A business change should be appraised thus improving success. 

CONTROLS

Corporate and Business Risks

Risks are everyday business considerations and your decisions and changes may have a direct on an identified risk resulting in an issue materialising or vice versa. It is highly recommended that risks are identified and the management team review and update on a regular basis. 

Risks

Accreditations

Accreditations are a way of demonstrating the governance, controls and practices of the business giving customers confidence before the buy. Typically they are a quality mark that your services are independently assessed.

Accreditation

Company Policies

Policies serve an important part of any business by interpreting legislation and how it effects or aligns to your business. Policies should be available to staff and customers defining how you work and deliver a service with reference to specific legislation or regulatory controls.

Company Policies

Charity Sector

  • OSCR Compliance
  • Charity Regulator Compliance
  • Director and Trustee - Fit for Purpose
  • Controls and Measures
  • Business Training
  • Policies
  • Accreditations

Care Sector

  • Policies
  • Quality Evaluation Audits
  • CQC Registration
  • OFSTED Registration
  • Management Training
  • Business Processes
  • Controls and Risk Management
  • Tendering

Trades

  • Accreditations
  • Management Training
  • Policies
  • Tendering
  • Business Support
  • Business Consultancy
  • Processes
  • Logistics
  • Mentoring

Commercial

  • Business Support
  • Business Consultancy
  • Management Training
  • Tendering
  • Skills Development
  • Customer Service
  • Sales Presence
  • Operations
  • Logistics