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SERVICES

KeyRisks Register

Harmonise the relationship between risk and awareness; with little effort and a big impact, you can get a grip on your key risks. 

80% of technology industry risks are not insurable.

Being risk resilient means knowing and understanding your specific threat landscape. With our KeyRisks Register, you can rest assured that all current and potential risks have been considered.

Scan, identify and categorise the most harmful risks you face

  • Legislative, Litigation, Regulatory and Conduct Risks

  • Loss/Damage to Assets 

  • Loss of Earnings from Business Interruption

  • Technology/Cyber Risks 

  • People / Employment Risks 

  • External Risks

Seek to understand risk causes and triggers

  • Data analytics & analysis

  • Predictive modelling

  • Simulation

  • Visualisation 

  • Historical and hypothetical scenario building

Quantify potential risk consequences and outcomes

  • Calculating reasonable worst-case scenarios

  • Establishing a risk appetite 

  • Defining a risk tolerance

  • Building vulnerability, frequency and severity indicators

  • Assessing hazard impacts

  • Calculating exposure likelihood

  • Calculating a total cost of risk

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Evaluate and select risk mitigation and control options

  • Allocating risk control resources 

  • Choosing risk response actions

  • Managing priority levels

  • Calculating costs of mitigation 

  • Understanding mitigation payback

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Prioritise and implement risk treatments

  • Consciously accepting risk where treatment costs outweigh potential damage

  • Reducing risk by taking actions to minimise loss and disruption

  • Avoiding risk by eliminating activity rather than re-engineering

  • Transferring risk by shifting the financial consequences elsewhere

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Guide ongoing actions, monitor & communicate

  • Formalises risk discussions at leadership levels

  • Monitor relevant changes in a risk profile

  • Allows accurate budgeting and resource allocation

  • Demonstrates that risks are well-managed

  • Enables stakeholders to be regularly updated about the status of risks 

  • Supports the development of contingency plans including:

    • Business Impact Analysis

    • Incident Response Plan

    • Crisis Management Plan

    • Business Continuity Plan

Risk preparedness and management are essential for business continuity

Being ready to tackle risks head-on and effectively managing them is crucial to ensuring your business can keep operating smoothly. Without an accurate risk register, disruptions can threaten your business' continuity and leave you vulnerable to significant financial losses as well as hinder your long-term growth.

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Packages

We have a range of KeyRisks packages that can be tailored to suit the specific needs of your business. Don’t see a package that suits? Get in touch!

KeyRisks Built For You

An end-to-end delivery of your KeyRisks Register

  • 1 day Facilitated Workshop 

  • Slide deck from the Workshop

  • Bespoke Risk Register Development

  • 4 day delivery 

KeyRisks Build Your Own
Guided

A guided programme so you can build your own KeyRisks Register

  • 1 day Facilitated Workshop 

  • Slide deck from the Workshop

  • 1 hour additional consultation 

KeyRisks Do It Yourself

A self-guided programme so you can build your own KeyRisks Register at your own pace

  • Access to self-paced course 

  • Access to development platform

  • 1 hour additional consultation

How it works

Book a free demo

01

Connect with us or meet us to discuss your goal. We plan your business and help you elevate your brand to next level.

Choose your delivery

02

We have a range of options suitable to your needs. Online, self-paced or if you want us to develop your risk register for you; we have you covered!

Create your risk register 

03

The fun part! Depending on your chosen delivery, we will create your risk register for you, or we will guide you how to create yours.

Mitigate and manage your risks

04

Once you've identified and assessed your key risks; it's time to mitigate and manage them continuously.

The Crucial Role of a Risk Register for Small and Medium Businesses

Navigating the intricate waters of business presents a myriad of challenges, and at the forefront of these challenges is the management of risks. For small and medium businesses (SMBs), identifying potential risks and preparing strategies to address them can mean the difference between growth and stagnation...

Kisrisks Support
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