Non-financial risks are not physical risks, but rather company-specific core assets.
Growing uncertainty leads to rules, which in turn become complex systems - in order to benefit from the digital transformation, risks must be understood and turned into opportunities.
For companies, compliance means satisfying both external and internal rules. We help our clients to gain a better understanding of the associated risks in order to optimise the handling of complexity at various points within the company.
Technological disruptions, a continuously changing regulatory framework and the social integration of businesses present companies with increasing challenges. Progressive ways of thinking and acting require new types of procedural models and structures. In this context, changing organisational structures is not enough; new ideas must be ingrained in the mindset of employees by maintaining a certain degree of autonomy. A vision of the future is needed that appeals to the environment on an emotional level with regard to potential improvements. A well-defined change strategy helps decision-makers to consider risks in a bundled form in order to adopt a future-oriented risk and method map.
While competitive dynamics make free markets turbulent and volatile, successful companies are using innovative technologies to get gradually closer to their visionary goal, one step at a time. Consumers are very well informed, not least through social media, and thus have a stronger bargaining position. The company's internal risk appetite describes how the regulatory standards defined by legislators are implemented. Approaches for combining and managing regulatory risks are revealed, and are to be used to bring the company to the next level.