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"Matrix, Keeping an Eye on your investment"
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 Consultancy & Risk Management
Eventually most companies will be faced with a major loss
that is apart from normal business risk. Unless a contingency plan has been
prepared the peril of escalation of the loss cannot be avoided. Naturally,
before such a plan can be formulated, all potential risks must be evaluated and
a full site survey of the company’s facilities is undertaken.
Matrix’s approach to risk management employs a multi faceted plan which firstly
involves evaluating all possible risks by undertaking, if necessary, a full
audit of the client’s facilities and operations. This can involve covert methods
of examination, combined with traditional overt assessments, and is aimed not
just at evaluating obvious possible direct losses, such as theft or fraud, but
also at those equally damaging indirect losses such as loss of customer
confidence loss of goodwill between staff and management etc. Particular care
and attention is also placed on surveying those areas of less tangible forms of
losses that are possible, such as loss of information, (Industrial Espionage
costs British businesses millions of pounds annually.)
 The next phase of the
plan involves excluding the risks as perceived by the Risk Evaluation exercise.
Naturally the whole question of risk exclusion must be considered within the
framework of the budget, practicability, feasibility, workability, and ability
to monitor results. It is pointless implementing measures that are as costly as
the loss itself. Conversely, implemented measures that are deemed to be
unacceptable to either management or workforce or are seen as being unnecessary
or inconvenient will be circumvented. No risk survey would guarantee 100% risk
exclusion. Matrix aims to implement measures designed to reduce the risk to
agreed acceptable levels
The final phase of the plan involves minimising the effect. Where it is accepted
that there is a residual element of risk after applying suitable measures,
attention is then paid to minimising the possible consequences if the risk
materialises, in other words the company itself.
Consultancy in Security & Risk
Management for business travel around the world.
Find out the latest security risks in
countries that you intend to travel to whilst conducting your business meetings.
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