Risk Management

Every Company and organisation deals with risk – from energy to infrastructure, supply chains to competitor growth, new technology to capitalisation.

In a fast-paced world, the risks we have to manage evolve quickly. TMS Insight Training will help you to manage risks to minimise their threats and maximise their potential.

Because risk is inherent in everything we do, TMS Insight Training’s risk management expertise and advice has an incredibly wide scope: It includes roles in insurance, business continuity, health and safety, corporate governance, engineering, planning and financial services.

TMS Insight Training’s experts work together with you to understand risk from your perspective. This approach enables us to help you understand the likelihood and impact of diverse risks on your operations, and monitor, manage, and reduce the impact of those risks.

We can help you manage your organisation’s risk strategically, with bespoke solutions designed to meet not only your risk management objectives, but also your overall business goals. We will evaluate your exposures and risk management programme gaps, helping you make informed decisions about programme adjustments and direction thus achieving your business objectives

Terminology may change, but all risk management processes follow the same basic steps to deliver a simple and effective risk management process.

Step 1: Identify the risk

Step 2: Analyse the risk: Develop an understanding of the nature of the risk and its potential to affect your company’s goals and objectives

Step 3: Evaluate the risk: Determine the magnitude of risk by calculating the balance between likelihood and consequence.

Step 4: Risk Response planning: Assess your highest ranked risks and set out a plan to treat or modify these risks to achieve acceptable risk levels

Step 5: Monitor and Review the risk.

TMS Insight Training can analyse your risks objectively, using fresh eyes to spot the real risks that may threaten your company and suggest innovative and cost-effective solutions.

TMS Insight Training will bring experience, objectivity and additional insight to your risk management: As well as minimising risk, TMS Insight Training’s strategic planning will help you deal with issues when they do arise – avoiding impulsive reactions and going into “fire-fighting” mode to rectify problems that could have been anticipated.