Risk Management

Effective risk management starts with a business continuity plan

How to get a grip on risks?

Thinking about and visualizing the potential risks your organization faces early on can help mitigate any serious consequences of the risks. Risk management is a continuous process that identifies risks, assesses them and defines next steps.

We have extensive knowledge in almost all industrial branches, the non-profit sector, government, SMEs, and the agricultural sector but also for insurers, insurance brokers and authorized representatives.

Why

  • With our business continuity plan (BCP), based on a business impact analysis and a risk analysis, all business processes are inventoried.
  • After these analyses, it is possible to determine which functions within your company are critical and what resources are necessary to ensure continuity.
  • By regularly going through all the phases of our business continuity plan, you will increase the commitment of your employees and also the quality of your organization.

Benefits

  • As an independent and objective agency, we carry out risk surveys all over the world.
  • Troostwijk | BvT is not tied to any insurer or third party.
  • Our risk engineers – many of whom are Risk Professionals (RRP) – are registered and have all the necessary knowledge.
  • Based on your specific requirements and information, we start the assignment and always deliver tailor-made solutions.
  • Troostwijk| BvT has specialists in every industry. Our experienced risk engineers follow developments in your industry.

Our method

Understanding the organization

  • In this phase, business processes are inventoried using a business impact analysis (BIA) and a risk analysis (RA).
  • The business impact analysis determines, documents and substantiates the impact of the activities that support the business process.
Define strategy

  • In this phase it becomes clear which functions within your company are critical and which resources are necessary to guarantee continuity.
  • Troostwijk | BvT’s analysis models are based on different functions.
Crisis communication

  • What is important in crisis communication is a well-designed roadmap in advance. This describes the phases to be taken.
  • An important part in this phase is that the right employees are given responsibility within your organization.
Implementation and realisation

  • In this phase, we will work with your team to implement the plan.
  • The ultimate goal of the plan and measures is to get all departments back to their pre-disaster levels as quickly as possible.
Maintain and review

  • Once the business continuity plan is operational, it is important to maintain and monitor it and review process modification.
  • To acclimate employees to the business continuity plan, basic training will be provided periodically.
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