Case Studies

We've helped our clients to identify and quantify the risks of their strategic decisions and to systematize their risk management practices.

  1. A business unit of a global manufacturing company wanted the improved performance levels and accountability that result from embracing a proactive approach to risk management. Risk Wise applied its Risk Management Diagnostic to help the client team systematically identify and assess the organization's risks, to evaluate the effectiveness of their existing risk controls, and to assess the potential impact of changes to their risk management controls. Risk Wise applied its Risk Management Implementation Support services to mentor and coach the client to enhance its capabilities to continuously improve its risk management practices. For details click here.
  2. A hospital wanted to hasten its Enterprise Risk Management implementation. Risk Wise applied its Risk Management Diagnostic to assess the strengths and weaknesses in the organization's ERM capabilities, risk culture and risk management practices. Risk Wise worked collaboratively with the senior management team to develop pragmatic ERM tools and a strategy to efficiently integrate the new ERM tools into the hospital's business practices. As a result, ERM was transformed from a conceptual model into an active cycle of continuous improvement. For details click here.
  3. A business unit of a Research and Development organization wanted a plan for implementing Enterprise Risk Management. Risk Wise applied its Risk Management Diagnostic to conduct a baseline assessment of the organization's risks, risk culture and risk management practices and provide a strategy to efficiently integrate Enterprise Risk Management into its business practices. Risk Wise's Risk Management Implementation Support services enhance the client's capabilities to systematize risk management. For details click here.
  4. A provincial Ministry wanted assurance that the Not-For-Profit Organization it was creating had the capabilities to appropriately manage risk. The Not-For-Profit Organization wanted to create robust risk models to support resource allocation decisions and also wanted a plan to implement Enterprise Risk Management. Risk Wise applied its Strategic Decision Support to develop transparent, credible and robust risk assessment models to efficiently allocate resources based on risk. Risk Wise's Risk Management Implementation Support services solidified the client's capabilities to systematically manage risk. For details click here.
  5. A Municipal Transit Operator wanted to increase its capacity for systematic risk management. Risk Wise applied its Risk Management Implementation Support services to mentor and coach a team of managers to develop their risk management knowledge and skills to deal more proactively with the dynamic changes in its business environment. For details click here.

To learn more about who is behind these kind of results, click on ABOUT US. To get these kinds of results, we invite you to CONTACT US and to check out our SERVICES.

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Diana's Pick

Neuroscience and the Nonprofit Manager (written by Andy  Segedin and published in the NonProfit Times) shares some of the tips on how to counteract common biases and habits that impede effective decisions.

The article is based on a workshop that Diana Del Bel Belluz of Risk Wise presented at the 2015 Risk Summit organized by the Nonprofit Risk Management Center.