Our Risk Management practice has five main focus areas:
Our Risk Skills at your services
Since its foundation, SEED has built a robust team of risk experts grown from their individual practice with major industrial players and within major risk domains: regulation, analytics, governance, organization, culture, process, and systems redesign. Our risk expertise integrates with our core competencies: strategy, decision-making support and operational planning, for senior & executive management.
We link risk management and performance management with our risk-related services:
Business Continuity Planning - BCP - is a discipline of Enterprise Risk Management which is particularly linked to corporate strategy. This is because the processes and functions identified as critical for the business are derived straight from the long-term strategic plan devised by executive management.
More practically, BCP is a proactive planning effort that aims to identify and prioritize the critical processes & functions and mitigate the impact of any potential threats to those functions. After the identification of the critical processes, clear plans and procedures need to be developed through a program of personnel training, plan testing, and maintenance.
This will in turn ensure continuity for business functions critical to the organization's strategy under the circumstances and worst-case scenarios set out by senior management.
SEED Advisory's team consists of experts with proven track record at blue chip companies in this field. Having collaborated extensively with senior executives to ensure the identification and operation of mission-critical processes, we understand that BCP can only be effective if it originates from a deep understanding of the long term strategic direction of the enterprise.
SEED Advisory offers Business Continuity Planning advice tailored to your (strategic) needs and always according to the following principles:
Do you integrate uncertainty?
A central challenge of Risk and Strategy in general is that we have to make choices now, but the payoffs occur in a future environment we cannot fully know or control. Rigorously understanding the uncertainty you face starts with listing the variables that would influence a strategic risk management decision and prioritising them according to their impact. Focus early analysis on removing as much uncertainty as you can. Then apply Risk & Compliance tools such as simulation and scenario analysis to the remaining, irreducible uncertainty, which should be at the heart of your Risk strategy.
Risk & Control Frameworks:
In the aftermath of compliance projects since 2005, the multiple Governance-Risk-Compliance (GRC) frameworks did not systematically prove to increase risk awareness and risk management effectiveness, according to recent studies. Most (market-)finance related frameworks assumes that company management is behaving as rational economic agent, using the risk - reward balance as metric. Based on recent findings however, managers do not behave as rational economic agents and companies still encounter difficulties to define their risk appetite.
One possible option to bring more effectiveness is to use comprehensive integrated risk models as a key component of the organisation structure & culture. We help clients to design and implement integrated risk-management solutions - Enterprise Risk Management (ERM) - and bring a risk-reward perspective to strategic decision making: