Reduce Impact of Negative Risks and Increase Impact of Opportunities
Risk management is not just about avoiding the bad. Good risk management can help mitigate the impact of negative outcomes as well as allow your company to take advantage of positive ones. Good risk management results in higher customer satisfaction.
KEEAP™ is a proprietary methodology framework for managing risk to identify potential problems before they occur and have a process in place to manage problems once they occur.
KEEAP™, including the protective risk layer, utilizes a maturation framework your company can leverage to strengthen its risk management practices and performance. The main framework stages are:
- [K]nown (are risks identified, known, and documented?)
- [E]ffective (how do we know our risk mitigation indicators and plans are working and effective?)
- [E]fficient (can we make our risk mitigation indicators and plans more efficient?)
- [A]daptable (how can we make our risk mitigation indicators and plans adaptable to a constantly changing environment?)
- [P]reventive (how can we establish a sustainable program for monitoring and controlling for risk?)
Schedule a consultation to discuss a strengthening (or current pain point) of your risk management practices.