70% of organisations only evaluate their risk profile on an annual basis, limiting their ability to tailor their risk management plan and business strategy to mirror the ever-changing commercial landscape – EY The guiding standard for risk management, ISO 31000, defines risk as the effect of uncertainty on objectives. Whilst this framework can be helpful, in establishing the context, and identification…
Businesses on guard With businesses increasingly connected online, do you understand your cyber-security risks? Cyber-security is a growing concern for business owners in the Food and Beverage industry. It’s not a case of if you face a cyber threat in the future, but when. Whilst every business will have different exposure points, a cyber threat shouldn’t be taken lightly due…
How much do you understand your supply-chain? It sounds like a simple question, but it’s important to realise that a resilient supply chain can help you sidestep avoidable risks and grow your business. Only 22% of companies have a proactive supply chain network. (Logistics Bureau, 2020) Your supply chain is one of the most critical elements to running your business and disruption at…
Our podcast on adding value to your organisation using risk management: This month we were fortunate enough to be interviewed by Suzy Yates from The Podcast Agency. We’ve still got our regular monthly article full of insights but you can click the media file below for additional information on how you can leverage your risk management processes to add value to…
By now we’re all aware of the upcoming changes to our Grocery Services Agreements due to the Food and Grocery Code of Conduct. If you need a refresher read our previous article which covered the FGCC in detail. As you know, every organisation has a multitude of different types of contracts, some of which command more or less focus than…
