Enterprise Risk Consulting

SOLOMON BARNES CONSULTANCY

Enterprise Risk

Consultative appraisal of organisational risk assessment and contingency planning frameworks

Facilitated process for risk planning processes, assumptions, and scenarios

Independant review of strategy to identify potential causes of failure

To a business, converged risk can come in many forms. Each corporate function is responsible for ownership of its own risk assessments particularly in finance, technology and the supply chain. The Solomon Barnes Consultancy supports these functions, as well as the organisational 'risk team', by examining specific issues or domains from a scenario perspective. Consolidating these individual assessments allows clients to evaluate their own risk apetitie, and strategic interdependencies, and options for mitigatation.

The Solomon Barnes Consultancy combines proprietary tools and thought-leadership to provide strategy risk evaluation for businesses in the Security and Defence industries.

The analyses identify and qualify threats to markets, industries and businesses by leveraging intelligence on key dimensions.

Targeted research and analysis of generic and specific threats throughout the broad threat landscape provides a comprehensive view of risk-based scenarios to customers, technologies and suppliers, from structural, evolutionary, conduct and performance factors.

By assessing the probability and impact of threats and events clients can assess their own vulnerability, or, through a risk consulting process, our consultants can lead a strategic review process to facilitate a client’s evaluation of risk in each domain.

The Solomon Barnes Consultancy provides Enterprise Risk Consulting by mapping a range of threat scenarios against client capabilities & weaknesses.

A Risk Workshop is the main value delivery platform for customised Risk Intelligence and Risk consulting, which allows client teams to apply analysis to their own business circumstances.

Each workshop is client-defined, relevant to specific objectives. Through a series of sessions, client teams are presented with intelligence, and coached through the use of a number of relevant process-specific tools for applying the intelligence and analysis, with the support of expert analysts and consultants.

Our Risk Intelligence in a workshop setting can provide a Consolidated Exposure Profile for the client with a process for applying risk analyses to clients' strategic and tactical considerations.

Through the application of specific tools and generation of metrics, our Risk Consulting supports clients in quantifying and conceptualising the potential failures they could experience in different strategy domains. Client are then able to:

Refocus business strategies that are most exposed to failure
Revise business plans that are most sensitive to changes in assumption to develop contingency
Develop a heightened awareness of the risk landscape clients face

A Strategy Risk Diagnostic it a first step towards an assessment of your company's risk exposure, and raise your awareness of the following parameters for appraising your practices

Benchmarking Risk Expectations - Does your company use the most appropriate benchmarks and are they correctly aligned with your company's circumstances
Performance Awareness - How do you evaluate the effectiveness of your internal processes and how they contribute to potential strategy failure
Risk Monitoring Processes - What institutionalised mechanism tracks and evaluates potential threats and risk
Management of Risk - How does your strategy evaluation process systematically integrate assessment of threat and weakness when considering options for investment & innovation
Perspectives of your Macro-Environment - How do you source and analyse intelligence to assess all sources of opportunity & threat.

Our Risk Analysis provides clients with an opportunity to gain an objective independent evaluation of the likelihood of environmental or competitive factors affecting their short to medium term plans and mitigate their specific exposure to those threats.

Our Risk Analysis considers the potential threats on a customised basis according to client-defined parameters, in the form of stand-alone assessments relevant across management teams.

Any of the individual workshops sessions can be based on a range of our risk analyses and conclusions, to address a single client priority in isolation, or as part of a broader strategy or performance review process

Through our Risk Workshop process Solomon Barnes Consultancy provides a platform for clients to determine weaknesses in market potential, evaluate competitor positioning & strengths, address the degree of strategy ‘fit' with internal synergies and judge return on investment.

Teams develop perspectives on future threat evolution, and learn in plenary session to evaluate their strategic options by assessing risk intelligence and applying analytical tools, including:

Various impact mapping tools
Life cycle analyses
Mitigation Option &
Strategy Matrices
Risk & Uncertainty Evaluation
Risk Profiling Grids
Logic and Hypothesis Trees
Sensitivity Analyses