An effective Risk Management framework can help organisations increase the likelihood of achieving objectives, improve the identification of opportunities and threats, and effectively allocate and use resources for risk treatment. At IoDT, our experts go beyond processes and controls — we take the time to understand your business and the challenges you face. This allows us to help you embrace ongoing disruptions, accelerate performance, achieve your organisational goals, and ultimately become more resilient in the Tanzanian market.
A successful Risk Management system should create value, be tailored to the organisation, and remain dynamic, iterative, and responsive to change. It should also allow for continual improvement and enhancement. To achieve this, we move beyond traditional views of risk and introduce an Enterprise-Wide Risk Management (ERWM) approach, which aligns risk management activities with the organisation’s specific needs and strategic objectives.
IoDT provides advisory proposals for establishing or strengthening your Risk Management framework. This includes defining the framework, implementing a monitoring process, and supporting a structured approach that empowers Boards to gain a holistic view of key issues affecting operations, governance, and any factors with material impact on stakeholder decisions.
Our approach to Risk Management is grounded in global leading standards and practices, but always adapted to fit your organisation. It ensures consistency and effectiveness across all critical areas — including strategy and planning, organisational resilience, IT, corporate governance, HR, compliance, quality, health and safety, business continuity, crisis management, and security.