Do you want to try CCQ?
Effective risk management is becoming increasingly important in today‘s regulatory environment. CCQ enables managers to make proficient risk assessments and create successful risk management plans. Risk is usually defined as an event that negatively influences your ability to achieve your business goals. The module helps identify these inherent business risks and provides efficient measures, processes and controls to minimize their impact.
Risk Management Plans
Developing strategies to manage risks is crucial if you want your business to recover quickly when an incident occurs. CCQ provides the resources to make effective risk management plans, and helps you improve and streamline your operational processes and procedures. It‘s important to identify the individuals who are accountable for ensuring the risks are managed appropriately. This will help you meet your legal obligations for providing a safe workplace, and can reduce the probability of an incident ever occurring.
CCQ helps you develop realistic, cost-effective strategies for dealing with risk. The first step in preparing a risk assessment is to identify potential risk factors or hazards your company faces. Careful analysis of their consequences allows managers to devote resources where needed, and enables them to establish efficient control measures to offset any negative impact. As a result, companies gain a better understanding of their risk profile and are better suited to capitalize on opportunities.