rPM3 Solutions Canada Inc.
- Consulting Services
- Professional Services
Small and medium sized businesses need to plan as much as, if not more than, large businesses. By developing a formal plan you can increase your chances of success by 30% to 50%. However, most businesses cannot afford a full time person who can help communicate the strategic plan of the company, identify and analyze the risks facing the company, and develop strategic and mitigation plans to tackle the issues faced.
Enterprise Risk Management (ERM) is the process of looking at what risk events are preventing you from reaching your goals and implementing plans to reduce the risk which increases the likelihood of your success.
What challenges do you face in reaching your goals? How do you decide where to allocate your resources? What analysis is done of the key areas to focus on for business improvement, and identification of which goals are most at risk? How will changes to your business cause risk events to happen to you and your customers?Do you have a fully developed Strategic Plan which includes all goals broken down into Strategies, Sub-objectives, and Action Steps? Do you have a Risk Register listing all your company risks with your mitigation plans for all extreme and high risks identified?
To paraphrase Benjamin Franklin, “Most businesses don’t plan to fail, they fail to plan”. Why not put the tools of ERM to work for you today and increase your competitive advantage along with your chance of success of reaching your goals..
Whom to Contact
- Kelland SewellPhone: (705) 917-3375