Risk Management is a twin. The most common type of risk management employed by businesses relates to Workplace Health and Safety issues. Through our network partners we can help you in the right direction with this one.
The second twin is often over looked by businesses. So “what happens when something breaks, a project fails, sales decline, a major client is lost, crop failure, unpredictable equipment redundancy”, etc. This is Business Risk Analysis and Management. At TC-IBC we encourage all our clients to undertake a session with us covering the risks to the health of the business and what happens when it does not all go your way. For example, it is not just Disaster Recovery of say a highly important database we address here, but ALSO the wider issues of impacts on the business and its shareholders from unexpected problems and more importantly developing strategies to allow for the unexpected.