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Risk Management

Why Choose ISS?

Are you struggling to minimise risk and workplace accidents? Do you feel your Risk Management has room for improvement?

ISS can help you to understand and quantify the risk within your business structures proactively. We can guide you with risk control to avoid possible pitfalls, saving you time and money.

RISK MANAGEMENT MEMBER SITE

Risk Management Strategy

Are accident and incident reports getting you down? Is your productivity and risk control compromised? You need a risk management strategy to help you with risk mitigation and reduction.

By means of our internal audit and risk software, ISS will help you maximise your opportunities. Contact us now to realise the real potential of your business.

A hands-on risk assessment forms the first step of all risk management systems. ISS Risk Management Software findings will help you mitigate risk, eradicate non-conformance and reduce accidents so that you can meet OHS best practice standards.

Increase the productivity of your workforce by keeping them safe. Streamline your processes with the right controls.

RISK MANAGEMENT MEMBER SITE

Risk Assessment

Risk is defined as “the effect of uncertainty on objectives” or “the probability that injury, damage or losses will occur.” Unsurprisingly then, Risk Management is an essential part of running a successful business.

Identifying risk is vital to ensuring long-term business success. This is why effective risk assessment is necessary.

The Risk assessment stages are:

1.

Risk Identification.

2.

Risk assessment and evaluation.

3.

Risk quantification.

4.

Follow-up action and control.

5 Point Risk Matrix Scale

To evaluate and quantify your risk, ISS best practice is to implement a
5 Point Risk Matrix Scale methodology, which yields dependably constructive results.

A hands-on risk assessment forms the first step of all risk management systems. Its output dictates:

  • Monitoring, Measurement, Training, Operational Control, Objectives, Targets and related Management Programme Requirements

We continually conduct risk assessments to ensure:

  • Information is up to date
  • Improvement plans are progressing as intended

Risk Management Software

Enjoy Multi-Platform Accessibility

  • Assessors simply access ISS Online’s Risk Management Software on any smart device
  • The app interacts with cloud-based technologies to offer a multitude of automated and streamlined functionality

Reference a Comprehensive Library of Sector-Specific Risks

  • Through research and many years of experience in the assessment field, ISS has analysed all 21 sectors and sub-sectors of the economy to identify what risks they are exposed to
  • These insights have been used to populate a comprehensive library of sector-specific risks
  • ISS clients can access this library to see what risks other companies in similar sectors have experienced, and benefit from what they have done to reduce them

Capture & Store Visual Reference to Your In-Situ Risks

  • Using a smart device, assessors can walk on-site and record specific risks simply by taking photos and importing them to the app
  • These pictures are automatically re-sized to meet the optimal parameters for reference and storage

Automate Risk-Quantifying Calculations to Determine ‘Raw Risk’ & ‘Residual Risk’

To determine ‘Raw Risk’ the app helps to calculate:

  • Probability rating of an incident
  • Consequence rating of that incident
  • Exposure rating of incident (how widespread)
  • Once the measures that are already in place are recorded, these are offset against the ‘raw risk’, to output a ‘Residual Risk’ rating.

Get a Wealth of Risk-Reducing Expertise & Recommendations for Development

  • Safe Operating Procedure Libraries will define your Training & Development requirements
  • ISS subject matter experts work behind the scenes to give advice and assist with recommendations on more complex risks

Categorise, Prioritise & Allocate Responsibilities

  • Persons given the responsibility for Follow-up Actions & Controls are sent a mail with an Action Plan and a Due Date
  • A report will be generated and sent to a management for them to measure the progress on the company’s overall risk

Maintain & Access an Ongoing Database Detailing the Full Extent of Your Risk

  • The full risk assessments of clients are hosted on secure ISS servers
  • All data is conveniently available to permitted users to reference and analyse at any time

Output & Input Reports as Required

  • If an incident happens, the app provides all the relevant inspection forms to be completed, signed and emailed to the labour department
  • Larger clients sometimes have in excess of a thousand risks, so a list with all the detail, properly numbered and referenced, is an invaluable document that can be output in PDF format

Track Your Ongoing Reduction of Risk

  • A risk assessment is never complete, so the app will have the functionality to edit and track risks
    over time
  • Reports of the risk being reduced e.g. by implementing a new safe operating procedure are also reflected (Old risk was X, New risk is Y)

Get in touch with us to conduct your hands-on risk assessment to formulate your custom risk management strategy

    ‘Empower Your Workplace’

    Innovative Shared Services is a truly African company that embraces continuous improvement and learning. We boast an extensive range of industry accreditations, and we are proud of our B-BBEE Level 2 status.

    Our Services

    • Learning & Development
    • Legal and Regulatory Training
    • Risk Management
    • Business Advancement
    • eLearning

    Contact Us

    Hyde Park Lane, Craighall, Johannesburg, 2196
    173 Howick Road, Wembley, Pietermaritzburg


    0 861 111 185
    [email protected]
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    • HOME
    • OUR SERVICES
      • LEARNING & DEVELOPMENT
      • LEGAL AND REGULATORY TRAINING
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      • BUSINESS ADVANCEMENT
      • eLEARNING
    • EMPOWERMENT
    • CONTACT
      • CONTACT US
      • CAREERS
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