Running a company is a risky proposition. Too much risk can be very costly, particularly when things go wrong. Too little risk can also be very costly, especially when smart risks are being avoided or too much money is being spent to limit risks.

Significant risks are often hidden or ignored by organizations. The best way to identify and assess these hidden and ignored risks is to survey managers at all levels of the organization. Quantisoft's Business Risk Assessment Surveys/Risk Management Surveys collect risk information and insight from managers and consolidate it by business unit and organization-wide.

Companies need a clearer understanding of the risks they are taking to protect the physical, financial, human and intellectual assets of their companies. The main goal is not to eliminate uncertainty. Instead, it is to be proactive in assessing and managing risk for your company's advantage.

Risk assessment surveys are a critical tool for any successful risk management process. It is all about identifying, assessing and managing a wide range of risks at acceptable levels.

Annual Risk Management Process

Mitigating Risks to Protect Company Assets and Reputation

What risks does your organization face? How do you know?

The Problem facing many organizations today

Lack of a comprehensive ongoing Risk Management Process that identifies and assesses risks annually, keeping up with a fast-changing business environment
Complex and broad risks threatening your business
Limited tools and processes to assess risk
Failure to identify and act on risks until it is too late
Overspending to avoid risks
Missed opportunities and profit due to excessive risk avoidance
Losses due to risk failure

The Solution for Identifying Risks, Assessing Risk Importance and Risk Likelihood, and Managing Risks Effectively – Risk Surveys

Quantisoft's Risk Surveys provide the solutions you need for assessing and managing risk at appropriate levels
Gather information and insight from managers and decision makers across your company
Connect the dots to understand where to focus risk initiatives
Hone in on your organization's specific risk assessment needs
Collect suggestions for identifying and managing risk
Our standard Business Risk Assessment Survey/Risk Management Survey includes over 60 risk questions in the following 6 risk categories. We can customize the questions to meet your company's special needs:
1. External Risks
2. Operational Risks
3. Financial Risks
4. Sales, Marketing and Products/Services Risks
5. Human Resources and Organizational Effectiveness Risks
6. Management Risks

Business Risk Assessment Survey/Risk Management Survey Metrics

Identifying and assessing risks and then managing the risks at appropriate levels can significantly increase profit and make earnings more predictable and consistent. A few of the many risks that can be identified, assessed and managed using Quantisoft's Business Risk Surveys include:

Risk of costly legal suits from employees, customers and competitors
Reputational risk
Competitor risk
Accounting risk
Investment risk
Economy risk
Customer risk (risk of losing customers, dependence on key customers)
Insurance risk (too much or too little insurance)
Business decision risk
Risk of employee turnover
Hiring risk
Product risk/service portfolio risk
Innovation/product development risk
Risk of lost business due to product and service problems
Business interruption risk/continuity risk
Capacity utilization risk/availability risk
Inventory risk
Regulatory and legal compliance risk
Contract risk
Fraud and theft risk
Environmental risk
Weather risk
Health and safety risk
Supplier risk
Outsourcing risk
Technology risk
Intellectual property and competitive information risks
Breach of personal information risk
Bias, diversity and abuse risk
Management and key employee succession risk
Fiduciary risk
Facilities risk

Risk Survey/Risk Assessment Survey Reports

Business risk survey/risk management survey reports include graphs, tabular summary reports and comments reports for your organization overall and by demographics such as department, location, etc. Reports provided with your second and subsequent risk surveys/risk management surveys include trend reports showing data from the most recent risk management survey/risk assessment survey with data from your previous risk surveys.

Benefits of Quantisoft's Business Risk Assessment Surveys/Risk Management Surveys

Quantisoft's business risk assessment surveys generate significant bottom-line benefits and a very strong payback. Conducting a risk survey requires relatively little effort for your company/organization. Quantisoft provides the risk questions and customizes the risk survey to meet your specific needs. Depending on the number of risk questions included in the survey, the risk survey typically takes 15 – 25 minutes to complete. Risk surveys are usually sent to managers, staff professionals and other key employees across the organization. Risk survey reports are provided for the organization overall as well as by department and other desired demographic criteria.

Risk survey benefits include:

Reduce business risk uncertainty
Protect shareholders, customers, management, employees, board members and the community from costly, embarrassing problems and catastrophic events that may threaten profit, reputation and survival
Raise awareness of business risks across the organization
Measure the importance and risk levels of each risk criteria in each business unit and across the organization, and track risk trends
Reduce costs
Increase revenue through smart risk-taking
Risk survey comments and suggestions identify actions for achieving breakthrough improvements
Identify hidden risks and possible solutions
Create a roadmap for making breakthrough improvements in risk levels
Focus managers' energies on the highest payback risk management opportunities
Manage risk more effectively
Strengthen the culture of risk management collaboration and change
Facilitate smart risk-taking

Other Quantisoft Risk Management Surveys/Risk Surveys

In addition to Quantisoft's Business Risk Assessment Surveys, we also conduct other types of surveys focused on specific issues that identify and assess business risks:

Quantisoft also conducts many other types of online surveys gathering feedback from employees, customers and other groups.

Please contact us to receive a free, no obligation proposal and price quote.

Business Risk Assessment SurveysRisk Management Surveys

Gain Information and Insight for Managing and Reducing Risk