“If it is predictable, it is preventable” is a notable saying in the world of risk management.
Risk analysis is the process of understanding the probability that something bad could happen and knowing what the consequences will be when it does. Risk is all around us, particularly in a business environment where employees and guests are present. Unfortunately, risk is often overlooked and hard to manage. Thus, the consequences for failing to plan are just plans to fail.
Risk analysis is the process of identifying the sources of risk present in your operations and understanding the probability and costs associated with that event. Once identified and the risk costs are understood, the process of managing those costs through effective planning and prevention can begin.
Code 4 Consulting & Private Investigations is adept at identifying potential sources of risk within your business. Sources of risk exist in some of the following areas:
Don’t suffer the consequences of poor planning.
Contact us today for a free consultation.