Risk Management Solutions

Risk is an inherent part of doing business. Risks in today's business environment arise from many sources, impacting everything from compliance and security to strategy and operations. IRCA Middle East's Risk Management Team guides organization's to fully recognize and manage risk, offering not only depth and breadth from global expertise, but a proven compilation of tools, methodologies and training packages sustained by hands on best practice.

IRCA RISK MANAGEMENT SERVICES

ENTERPRISE RISK MANAGEMENT

Enterprise Risk Management (ERM) can increase the value of your enterprise by supporting decision-making, reducing surprises and increasing the ability to meet your objectives.

Effective enterprise risk management allows organizations to make strategic decisions based on the best possible information around these risks. Increasingly, risk is now assessed across the whole range of an organization's activities to manage the total exposure rather than treating different areas in isolation. The focus of risk is also to engage in the management of intangible assets such as brand reputation and knowledge. We can help you identify, understand and manage each of the component risks and provide a complete view of your organizations total risk exposure. We then help you to manage these risks in an integrate way to allow you to maximize the opportunities and avoid or mitigate losses.

SUPPLY CHAIN RISK MANAGEMENT

Organizations that need to extend their business relationships to add value paradoxically can add substantial additional risk to their risk profile. It has become clear that many organizations have realized the positive business benefits that transpire as a result of focused attention to their outsourced activities, the principals of service level agreements and supply chain auditing are still underdeveloped business tools that enable the mitigation of risk within an outsourced supply portfolio.

BUSINESS CONTINUITY MANAGEMENT

IRCA Middle East Risk Division guides and supports clients in developing and implementing Business Continuity Plans (BCP'S) that ensure key processes and procedures function in a time of crisis.

In 24 hour seven day a week global economies the impact of business interruptions must be kept to an acceptable level if both profits and reputation are to be kept intact. A range of events can severely disrupt organizations and prevent them from operating normally - terrorism, fire, power outages, natural catastrophes and supply chain breakdowns are some of the obvious ones. As no one can predict the future, business continuity management is a proactive process that seeks to identify the mission critical functions of an organization and the scenarios which could adversely affect these. From such information, plans and procedures can be developed which ensure that key activities can continue whatever the circumstances. Best-practice Business Continuity Management (BCM) focuses on those critical business processes that need to be protected and then restored - in times of business interruption whether they are part of your core business or an outsourced asset. We believe that the business continuity process needs to be owned by the organization itself and that our involvement should facilitate ownership. We will help you to design a process that will work specifically for you, using whatever internal or external resources are applicable to the identified risk mitigation solutions. This process will ensure that the end result is fully embedded in your organization by ensuring a partnership approach in understanding your organization, design and implementation of the Business Continuity Plan (BCP)

SHEQ RISK MANAGEMENT

IRCA Middle East Risk Division guides and supports clients in developing and implementing Business Continuity Plans (BCP'S) that ensure key processes and procedures function in a time of crisis.

In 24 hour seven day a week global economies the impact of business interruptions must be kept to an acceptable level if both profits and reputation are to be kept intact. A range of events can severely disrupt organizations and prevent them from operating normally - terrorism, fire, power outages, natural catastrophes and supply chain breakdowns are some of the obvious ones. As no one can predict the future, business continuity management is a proactive process that seeks to identify the mission critical functions of an organization and the scenarios which could adversely affect these. From such information, plans and procedures can be developed which ensure that key activities can continue whatever the circumstances. Best-practice Business Continuity Management (BCM) focuses on those critical business processes that need to be protected and then restored - in times of business interruption whether they are part of your core business or an outsourced asset. We believe that the business continuity process needs to be owned by the organization itself and that our involvement should facilitate ownership. We will help you to design a process that will work specifically for you, using whatever internal or external resources are applicable to the identified risk mitigation solutions. This process will ensure that the end result is fully embedded in your organization by ensuring a partnership approach in understanding your organization, design and implementation of the Business Continuity Plan (BCP)

CHANGE MANAGEMENT AND PROCESS IMPROVEMENT

Recognizing and Managing change whilst simultaneously improving business delivery processes is not only critical to business survival but is a catalyst for generating growth.

Our risk based methodologies are designed to take into account the organization's risk appetite and maximize the benefits of these initiatives. IRCA Risk Division services assist with factors which are critical to the success of change management and process improvement initiatives

EXPLOSIVES RISK MANAGEMENT (MINING SECTOR)

IRCA Middle East is providing risk management consultancy supported in house by specialist solution such as Fire Engineering, Security Solutions and Explosives risk management and ERW solutions to the mining, oil and gas sectors, Client led, we consider a detailed and comprehensive approach to risk and security as the only truly effective solution.

We seek to be involved with clients at the beginning of the planning stage for any project or review of current state activity to ensure that risk and any associated security measures are thoroughly addressed at the first opportunity and solutions provided in the most cost effective manner. All IRCA Risk activities are conducted with the highest degree of discretion, integrity and client confidentiality within framework of national and international law, whilst at the same time maintaining complete corporate transparency and appropriate Governance practice.