Risk Management
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Government
The aims of risk management are simple: to reduce the frequency of risk events, and to minimise the severity of the consequences of such risk events if they occur.
However, the benefits gained as a result of the successful achievement of the aims are wide reaching, stretching far beyond health and safety improvements or savings in insurance costs.
Risk management provides local authorities with a means of improving their strategic, operational, and financial management. This improvement will effectively minimise the threats to financial losses, service disruptions, bad publicity, threats to public health and safety, and compensation claims.
A key attribute to ARM is its ability to combine performance management as part of risk management to help deliver a more objective driven culture.
Click here to read the Risk-Adjusted Corporate Performance White Paper.