AKTUS provides tailored on-site or on-line support an sparring on multiple levels:
Establishing or enhancing enterprise risk management to provide your organisation with a holistic overview of its current risk exposure which is as important to intelligent decision making as knowing your financial performance
WHY A valid insight into the company’s risk exposure is a pivotal element of intelligent risk taking As much about deliberately taking risks as about managing the risks already taken
WHAT Establish or enhance the company’s enterprise risk management to ensure a consistent, coherent and valid reporting on and across multiple risk categories Consolidation of risk exposure using Monte Carlo simulation
HOW Identification, assessment, handling and monitoring of all categories of risks to the company – using a systematic approach and collecting data in an Excel based and tailored risk register, which enables semiautomated and tailored risk reporting Includes rationales behind risk assessments as well as maturity metrics on risk treatment
EFFORT Depending on company size and complexity as well as current enterprise risk management status … generally two-three weeks of AKTUS involvement based on having company assigned “risk driver” during planning phase
TRAINING Company assigned “risk driver” will be trained during process. Training in Monte Carlo simulation-based consolidation will be included as this is a key element of the consolidated reporting
Project/inititive risk management is more than addressing what may hamper finishing on time on budget. The AKTUS holistic and systematic approach addresses risks and opportunities as well as uncertainties to the project and those emerging from the project onto the business
WHY Proactive risk and opportunity planning, integrated in business case preparation enables intelligent project target setting and planning
Drives SMART and risk based target setting
WHAT Projects are assumed having a defined “closing date”. Managing risks as well as opportunities enhances project performance – potentially to exceed defined targets
HOW Identification, assessment, handling and monitoring of risks and opportunities to/from the project – using a systematic approach and collecting data in an Excel based and tailored risk register, which enables semi-automated and tailored risk reporting Includes rationales behind risk assessments as well as standardized reporting
EFFORT Depending on project size and complexity as well as current project risk management status … generally a week or two of AKTUS involvement assuming company assigned “risk driver” during project design phase as well as potential part time involvement subsequently
TRAINING Company assigned “risk driver” will be trained during process. Further training in Monte Carlo simulation based consolidation can be added/embedded on request.
Strategies are assumed effective in an unknown future.
An effective half day workshop drives executives and leaders to form and address plausible, yet alternative futures and from these identify and prioritize issues.
WHY The world will change between now and when the strategy is assumed to be effective. Implicit and explicit assumptions have been made for the expected future …challenging this enables having the needed manoeuvrability to act in time
WHAT A strategy workshop, where the strategy is tested for resilience vs. a future which differs from the one expected/planned for. This is based on an internationally acclaimed and award winning scenario process which a.o. is described as a Harvard Business School case study.
HOW A four-hour workshop where leaders first identify key driving uncertainties, and from these define four different, yet plausible scenarios
Based on these scenarios, a range of issues, all of which may be risks or opportunities depending on company approach, are identified and prioritized via a generic strategic response
The workshop can be extended with a fifth hour of defining who is doing what by when to each of the prioritized issues
EFFORT Each requested workshop is one day of AKTUS involvement, including the four-five hour session
TRAINING Company staff can be trained to continue and repeat the process. This will normally require participation in three such workshops
AKTUS Provides tools and templates matching company requirements as well as facilitation of and full reporting from the scenario workshop