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Risk Management

Identifying Risks and Threats

 

Businesses are consistently measured on how they deal with various risks and threats within their industry. By managing these risks accordingly, you can prepare your business for the worst-case scenario. This also ensures that you can pull through when the going gets rough. Each sector has their own set of risks and threats to every business within a specific industry. A good example comes with the importance of Information Security, as the 4th Industrial Revolution has shown that the internet has become much more than just a platform for entertainment and communication.

 

Digital Risk Management

 

Many businesses store sensitive information about their clients, customers, business relations, and other pivotal aspects to their business digitally. Office networks assist an office building to communicate efficiently between each other, their servers, and the rest of the world. With the introduction of the internet to such a network, you place your business at risk when you do not have any form of Information Security. With WWISE on your side, we will develop and implement an Information Security Management System that is tailored to your business needs and requirements. Therefore, you will be ready for any threat that tries to hack your system or steal sensitive information from your servers.

 

Risk Management in the Workplace

 

Occupational Health and Safety has become a focal point as the COVID-19 pandemic continues to plague the world. Therefore, the workplace will never be the same, implementing various elements to prevent the spread of COVID-19 within the workplace. COVID-19 is a direct threat to any business and the continuity of conducting business in public. Therefore, having an Occupational Health and Safety Management System will assist your business in dealing with risks and threats in the workplace.

 

Risk Management Regarding Products or Services

 

Normally, a business offers their customers a specific product or service in return for their time or money. These products or services should live up to the expectations of the consumers, giving them a reason to choose your business in the future. Therefore, your business must uphold a specific level of quality to ensure return business and customer satisfaction. We can develop and implement a Quality Management System for your organisation, giving you the means to measure your products or services to international standards. This will limit the risk of customers being disgruntled and having a negative effect on your business.

 

Constant Assessments and Improvements

 

As the world around us evolves, we must adapt to the changes to ensure that our businesses can flourish moving forward. Although the future holds new opportunities, it also introduces new risks and threats to any business. Uncertainty is one of the biggest risks, which is why you must prepare your business accordingly. Being versatile is a useful trait for organisations, which emphasises the need for proper risk management and threat identification.

 

WWISE Can Assist Your Business

 

We develop and implement various Management Systems that are in accordance to their relevant ISO standards. We also offer training, implementation, gap assessment, internatal audits, and maintenance services surrounding these Management Systems, giving your organisation the competitive edge within your specific industry. Many businesses are unaware that ISO compliance can be a feasible way of risk management. They are also unaware that many ISO standards can be applied to businesses of any size and within any industry. Therefore, your business can take full advantage of these Management Systems to reach new levels of competitiveness, functionality, quality, and customer satisfaction.

 

ISO compliance can also lead to ISO certification. Although WWISE does not act as an official certification body, we assist businesses to select the ideal certification body in accordance to the specific ISO standards that they want to be certified for. Therefore, we go the extra mile to ensure that your business can flourish as an ISO-certified organisation. This also includes annual maintenance to keep your Management Systems up to date and ISO compliant.

 

WWISE is your first choice when you want to address various elements of risk management for your organisation. Our services can ensure that you have the accommodating solutions regarding Information Security, Occupational Health and Safety, and Quality Management. If you want to elevate your business to international standards, WWISE is your partner. For more info on how we can assist you, please contact us 086 109 9473, 021 525 9159, or email us at admin@wwise.co.za.