Ledgia assists clients to manage risk effectively by:
- Establishing a risk management framework to identify, manage and monitor risk
- Evaluating exposure and assisting organisations to determine the level of risk they are prepared to accept, the likely effectiveness of controls and their tolerance for residual risk.
- Developing a communication plan and engagement approach for stakeholders, outlining the risk management methodology, roles and responsibilities
- Co-ordinating risk assessments and identification of controls
- Facilitating the development of risk mitigation strategies for critical controls including bow tie assessments
- Incorporating all validated risks and controls into a risk register
- Developing action plans to mitigate risk, installing control routines and assisting organisations to assign ownership
- Recommending the governance approach and defining routines to monitor effectiveness of controls and status of actions