Blog

What is risk management software and why is it vital for your business?

Posted by Mark Hobart on Nov 21, 2018 12:07:00 PM

Our enterprise risk management software assists businesses to identify, monitor, manage and control strategic, project and operational risk. The software helps you to analyse the causes and consequences of risk occurrences, link strategic risks to your business plan outcomes, and ensure risks are being effectively controlled and managed, aiding companies to make informed decisions related to risk appetite, risk management and risk control.

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Topics: Risk Management

4 Methods of assessing risk in business and how software can help

Posted by Mark Hobart on Nov 13, 2018 11:03:00 AM

How effectively you assess and manage risk can have a significant impact on the success of your business. If you underestimate a risk, or don't consider the full consequences, should it materialise, the resulting fall-out could cause serious stress or even failure of your business. Of course there will always be risks involved in running a business, so here we discuss the different risk management strategies in business and how software could make this tricky job a lot easier for you.

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Topics: Risk Management

How to control risk in business with professional software

Posted by Mark Hobart on Nov 2, 2018 11:30:00 AM

Decision making is one of the most critical parts of running any business. As a business owner or manager, you have to weigh opportunities against risks before making important decisions. The good thing is that the digital age makes it possible for you to find assistance by using the relevant risk management software. Here is how to manage and monitor risk in business using risk management software. 

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Topics: Risk Management

Risk - how do you eat yours?

Posted by Mark Hobart on Jul 30, 2018 12:55:32 PM

I attended a really interesting seminar last night hosted by the University of Worcester and the accountancy and audit company Haines Watts. The topic in question is a traditionally dry and dull affair, risk management principles and guidelines. However, the session last night was very different and I thought it warranted passing on some of my learnings...

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Topics: Risk Management

Risk assurance – the 3 lines of defence

Posted by Mark Hobart on Jul 25, 2018 4:33:30 PM

In today’s ever changing world risk management is of increasing importance. Stakes are high… without a cohesive approach to risk, risks may not be identified, managed effectively and resources may not be deployed effectively.

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Topics: Risk Management

My risk management dream

Posted by Mark Hobart on Jul 25, 2018 4:23:49 PM

I’m asleep and dreaming. Zzzzz!

Ding! Oh no, the dreaded “update your risks” reminder email has arrived in my inbox and woken me up. At first you ignore it, hit the snooze, but it’s still there. After a while you open it, but now time is of the essence and you need to get up and update your risks before the review meeting. Frantically you try and remember where the spreadsheet is saved, eventually you find and open it, but no, it’s locked for editing by another user who is also in a tail spin. After the fifth attempt it isn’t locked, yay you can update your risks… But, someone has accidentally added their comments against your risk and not theirs, argggghhh!

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Topics: Risk Management

What is three lines of defence?

Posted by Mark Hobart on Jul 25, 2018 4:03:37 PM

In this blog article we explore the meaning behind the phrase “three lines of defence.” For those organisation’s utilising this approach, the definition and meaning is obvious, but for others the definition is cloudy to say the least.

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Topics: Risk Management

Risk Health Check: porridge, resilience and the advocacy of the devil

Posted by Mark Hobart on Jul 25, 2018 3:20:46 PM

Like Goldilocks and her infamous porridge preference you need to take just the right amount of risk in pursuit of your strategy. No risk and your strategic goals will forever remain out of reach. Too much risk and you may put yourself out of business!

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Topics: Risk Management

The Clearview Blog

Find the best tips, tricks and news about business management and support software. Enjoy the educational articles by our experienced and knowledgable team.
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