Services for small- and medium-sized enterprises HJB-Advisory helps you to:

  • Gain full transparency about your major risks

  • Detect and manage risks early

  • Implement a risk management system in line with your business objectives

  • Develop the necessary risk culture and embed risk information into all management processes

  • Enhance the efficacy and value-added of your risk management system

  • Assure third parties (customers, owners, lenders) of your effective risk management

Do you manage a small- or medium-sized enterprise?

Have you expanded business over the past decade, at home and abroad?

Would you like to grow further?

Are you looking for efficient, taylor-made solutions in risk management ?

HJB-Advisory helps you with the design of your new risk management system focusing on adding value to your operation while also assuring compliance. 

Approach

The HJB-Advisory model follows a 3-step process:

1. Step: Where are you?

  • Assess your existing risk management system according to the HJB Risk-Maturity-Model
  • Identifiy your target model and key needs for action

2. Step: Development of your risk management system

  • Define your risk approach given your your business strategy and critical success factors
  • Identify key risks
  • Develop measures to reduce risk
  • Develop metrics for ongoing evaluation and early detection
  • Design a reporting process for the active management of key risks
  • Build a risk management organization with clear accountabilities and responsibilities

3. Step: Implementation

  • Introduce risk management system into your organisation
  • Develop new business units (if applicable)
  • Select and implement IT-solutions (if applicable)
  • Introduce a change management process to develop a risk culture in your organisation

The realisation of these steps depends on your objectives. All steps are performed in close cooperation with your team. The support and engagement of the top management in this process will be crucial for success, and senior management and board involvement are strongly recommended.

Where appropriate, I will offer to engage additional specialists in the different steps, such as for the implementation of IT-systems.

Example

Building a risk management system for medium-sized enterprises with international presence

Successful medium-sized company has built an international presence by following its customer abroad. Such an expansion requires the creation of a new risk management system that is also responsive to the customer’s new demands in securing stable supply chain management.

How we help:

  • Analysis of the existing risk management system (HJB Risk-Maturity-Model)
  • Definition of the risk strategy derived from the business strategy
  • Workshops with teams from different sites to identify risks
  • Workshops with the Board to determine risk limits for the company 
  • Design of a risk map and metrics for risk evaluation 
  • Implementation of a risk management system with clear responsibilities at headquarter and branches
  • Design of a reporting process for the top management and the Board
  • Embedding risk management into the controlling process
  • Company-wide change management process towards an adequate risk culture