Antares Consulting can assist businesses in the Kingdom of Saudi Arabia through our top-tier services: ✅ Comprehensive Risk Assessment: We conduct a thorough risk assessment to identify key risk factors that affect a client's business, considering both traditional risks and emerging ones from technology, global markets, and regulations. By benchmarking the client's risk profile against the report's guidelines, our consulting team can determine strengths and pinpoint areas that need improvement. ✅ Risk Management Strategy Development: We can assist organizations in creating a solid risk management strategy comprising implementing risk mitigation processes, setting risk tolerance levels, and fostering a risk-aware culture. Additionally, we help organizations grasp evolving risks and recommend proactive steps to anticipate potential threats. ✅ Implementation of Risk Management Practices: We can help organizations adopt best practices in risk management, which may include building a comprehensive framework, improving internal controls, and embedding risk management into daily activities. To ensure these practices are effectively implemented, we offer training sessions and workshops to educate and engage employees. To be continued … Reference: Risk Management Perspectives of Global Corporations #AntaresConsulting #CorporateGovernance #InternalAudit #RiskManagement #Compliance #SaudiArabia #Saudi
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Continuation of the previous post https://lnkd.in/g7eZViCT Antares Consulting can assist businesses in the Kingdom of Saudi Arabia through our top-tier services: ✅ Regulatory Compliance and Governance: We guide organizations in creating governance structures, developing compliance checklists, and implementing audit processes to ensure adherence to regulatory requirements. ✅ Crisis Management and Resilience Planning: Our team is dedicated to helping businesses create crisis management and resilience strategies. We work on developing effective response plans, analyzing potential scenarios, and implementing business continuity measures. ✅ Continuous Monitoring and Improvement: Given the dynamic nature of risks, we can help organizations establish mechanisms for continuous risk monitoring and improvement, including setting up key risk indicators (KRIs), conducting regular risk reviews, and adapting risk management strategies to changing conditions. Our consulting firm is dedicated to providing comprehensive and customized risk management solutions to meet the specific needs of businesses, ultimately helping them enhance resilience and navigate the complex landscape of global business risks. Reference: Risk Management Perspectives of Global Corporations #AntaresConsulting #CorporateGovernance #InternalAudit #RiskManagement #Compliance #SaudiArabia #Saudi
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دام عزك يا وطن 🇸🇦 I have been assigned to manage the risk in one of the biggest project in 2024 as Risk Management Leader for the #King_Salman_Knowledge Project, overseen by the #Diriyah_Gate. This initiative is one of the most significant and largest projects for the year 2024, with an estimated budget of approximately 8 billion Saudi Riyals. My enthusiasm for risk management aligns perfectly with my responsibilities in ensuring compliance and risk management, which have been a vital and rewarding part of my professional and educational journey. My goal is to be a part of the development in Saudi Arabia and to realize the vision of His Royal Highness Crown Prince #Mohammed_bin_Salman, may Allah protect him. Every project inherently involves various risks, making effective risk management essential for achieving project objectives. Risks encompass any potential events that could impact the project, whether positively or negatively. The risk management process involves the proactive identification and mitigation of these events, before they occur and during their occurrence. #الالتزام_والحوكمة 🌹 #المراجعة_الداخلية 🌹 #أمانة_سر_المجلس 🌹 #الرقابة_الداخلية 🌹 #مخاطر_عدم_الالتزام 🌹 #إدارة_المخاطر 🌹 #التحكيم_المالي 🌹 #إدارة_الموارد_البشرية 🌹 #الرقابة_الإدارية 🌹 #التفتيش_والرقابة 🌹 #Merger_and_acquisition #compliance #الالتزام #حوكمة_الشركات #constraction #investment #hr #transformation #governance #إدارة #الامتثال #إشراقة_صباح #صباح_الخير #أمانة_سر_المجلس #المراجعة_الداخلية #audit #حوكمة #governance_committee #hr #compliance #Ethics_and_ESG_Committee #Audit_Committee #Governance_Committee #Control_Committee #Nominations_and_Remuneration_Committee #GRC
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Last week, World Vision East Africa joined other like-minded organisations in the inaugural launch of the IRM Africa Chapter by the Institute of Risk Management (IRM). Held in Movenpick Hotel, Nairobi the event marked a significant milestone for the industry, bringing together risk professionals from across the region, fostering collaboration and knowledge-sharing in the field of risk management. This is the first step to revolutionise risk management practices in the region, with World Vision East Africa poised to benefit from enhanced collaboration and expertise-sharing opportunities. According to Lilian Njoki Regional Coordinator for Enterprise Risk Management, who attended the event “This will go a long way to enhance the individuals and organisations capacity to identify, assess and mitigate risks efficiently, whilst navigating the ever-changing complex risk landscape with confidence and expertise and we look forward to leveraging these developments to further strengthen our commitment to effective risk management”. World Vision East Africa is keen on continuously strengthening our risk management practices and culture, so as to empower our teams to navigate uncertainties in this complex context. "By empowering businesses to manage risks effectively IRM will contribute to economic stability, job creation and societal development across Africa fostering an environment conducive to sustainable growth and prosperity," said Stephen Sidebottom. https://lnkd.in/exEV-9B7
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موعدنا اليوم الساعة ٧ مساء ⚠️ I am excited to announce my sixth free workshop, a two-day event scheduled for Friday and Saturday, November 22-23, from 7 PM to 10 PM. In this workshop, we will explore two main topics: 1. Comprehensive Risk Management. 2. The value of risk management in your organization. Outcomes for Participants: By the end of this workshop, participants will have a solid understanding of risk concepts, including types, causes, and measurement methods. Participants will learn various risk management techniques. They will be able to identify the best risk management policy for their needs. Participants will gain insights into international risk management standards. They will understand the steps involved in effective risk management. Participants will create a risk management plan tailored to their organization. They will grasp the significance of governance, its goals, and its connection to risk management. Participants will learn about governance principles and the challenges in implementing them. If you're interested, please send me a private message. Please note: There are only 15 spots available. ⚠️⚠️⚠️ The next workshop might be in Risk Mitigation Management Strategies Thank you. #volunteer_work #الالتزام_والحوكمة 🌹 #المراجعة_الداخلية 🌹 #أمانة_سر_المجلس 🌹 #الرقابة_الداخلية 🌹 #مخاطر_عدم_الالتزام 🌹 #إدارة_المخاطر 🌹 #التحكيم_المالي 🌹 #إدارة_الموارد_البشرية 🌹 #الرقابة_الإدارية 🌹 #التفتيش_والرقابة 🌹 #Merger_and_acquisition #compliance #الالتزام #حوكمة_الشركات #constraction #investment #hr #transformation #governance #إدارة #الامتثال #إشراقة_صباح #صباح_الخير #أمانة_سر_المجلس #المراجعة_الداخلية #audit #حوكمة #elseif #esec #ElSeif #governance_committee #hr #compliance #Ethics_and_ESG_Committee #Audit_Committee #Governance_Committee #Control_Committee #Nominations_and_Remuneration_Committee #GRC #CareerDevelopment #AuditSkills #PIF #2030_vision #workshop #free #risk #risk_register
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The Importance of Risk Management in Today’s World 🚧 إدارة المخاطر ليست خيارًا، بل ضرورة في عالم الأعمال اليوم. Risk management helps us identify potential threats and develop strategies to mitigate them before they become problems. Whether you’re managing a project or running a business, understanding risks and planning for them can make the difference between success and failure. تذكر، النجاح ليس في تجنب المخاطر، بل في التعامل معها بحكمة. كيف تقوم بإدارة المخاطر في مشاريعك؟ How do you handle risk management in your work? #إدارة_المخاطر #إدارة_المشاريع #التخطيط_الاستراتيجي #RiskManagement
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Headline: Unlocking Success Through Proactive Risk Management in Nigerian Industries 🌟 Main Content: In a rapidly evolving business landscape, proactive risk management has become a game changer for industries in Nigeria. It's not just about reacting; it's about anticipating, strategizing, and thriving! Here are some powerful insights: Identify Risks Early : Conduct regular risk assessments to pinpoint vulnerabilities. Develop a Comprehensive Strategy : Create a tailored risk management plan that aligns with your business objectives. Engage Your Team : Foster a culture of risk awareness among employees. Everyone should play a part! Utilize Technology : Leverage digital tools and analytics to monitor risks in real-time. Collaborate with Stakeholders: Work together with partners and regulators to enhance risk mitigation strategies. By prioritizing proactive risk management, we can secure a stronger future for our industries and economy. Let's lead the way together! CTA: How has proactive risk management impacted your industry? Share your experiences below! 👇 Hashtags: #RiskManagement #Nigeria #BusinessStrategy #IndustryLeadership #ProactiveApproach #Teamwork #DigitalTransformation
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Beyond the internal control environment, risk assessment and mitigation are critical elements of the COSU framework of internal control. Developing & Maintaining A Risk Register: Want to manage risk? Develop and maintain a risk register to identify, assess, and manage risks throughout the life of a project or within an organization. It is a document or system that captures all identified risks, their status, and their management strategies. Developing and maintaining a risk register is a dynamic process that requires ongoing attention and updates. It helps organizations and project teams proactively manage risks and minimize their potential impact. I used to develop and maintain a risk register during my corporate life. Now I use my experience to help my clients develop a risk register for them. I use the following components and steps to develop a risk register: ✅ Components of a Risk Register • Risk ID • Risk Description • Risk Category • Likelihood • Impact • Risk Score • Risk Owner • Mitigation Strategies • Contingency Plans • Status • Date Identified • Last Updated ✅ 7 Steps to Developing it: - Identify Risks - Describe Risks - Assess Risks - Assign Risk Owners - Mitigation Strategies - Contingency Actions - Monitor and Update Abdul Khaliq #RiskManagement.
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Continuation of the previous post https://lnkd.in/gNcZAtef Antares Consulting can support businesses with risk-based auditing in several key ways, ensuring that the internal audit activity is effectively aligned with the organization's top risks. Here’s how they can assist: ✅ Training Session: Offering training sessions for internal auditors on risk management concepts, frameworks, tools, and techniques. This ensures that auditors have the necessary skills and knowledge to perform risk-based audits effectively. ✅ Process Improvement: Recommending improvements to internal processes and controls to mitigate identified risks and enhance operational efficiency. ✅ Feedback Loops: Establishing feedback mechanisms to incorporate audit findings and recommendations into the ongoing risk management process. ✅ Benchmarking: Conducting benchmarking studies to compare the organization’s risk management and audit practices against industry standards and best practices. Antares Consulting can help businesses develop a risk-based auditing approach that not only ensures compliance and control but also drives strategic value by aligning audit efforts with the organization’s most significant risks. This holistic approach supports better decision-making, enhances governance, and ultimately helps achieve organizational objectives through effective risk management. #AntaresConsulting #CorporateGovernance #InternalAudit #RiskManagement #Compliance #SaudiArabia #Saudi
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ISO 31000 RISK MANAGEMENT COURSE-Master Risk Management; elevate your career with our comprehensive course! Are you looking to enhance your skills in risk management and advance your career? Join our expert-led Risk Management Certification Course and gain the knowledge you need to manage and mitigate risks effectively in today's dynamic business environment. What you will learn; *Identifying and assessing various types of risks and how to evaluate their impact. *Risk acceptance, communication and consultation, recording and reporting, monitoring and review according to ISO 31000. *Risk Mitigation Strategies; Learn proven techniques to minimize and control risks. *Regulatory Compliance; Stay ahead with the latest regulatory requirements and standards based on ISO 31000 *Crisis Management; Develop robust plans to manage and recover from crises. Course Highlights: 1) Expert Instructors-Learn from industry professionals with years of experience in risk management. 2) Interactive Sessions-Engage in real-world case studies, group discussions, and practical exercises. 3) Earn a globally recognized certificate upon completion to boost your resume. Course Details Dates: 17th to 21st June 2024 Duration: 5 days Venue: Radisson Blu Hotel Waterfront, Cape Town, South Africa. Why choose us? *Proven Track Record-Trusted by professionals across various industries. *Career Support #RiskManagement #ProfessionalDevelopment #CareerGrowth #Certification #CLCInternational
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ISO 31000 RISK MANAGEMENT COURSE-Master Risk Management; elevate your career with our comprehensive course! Are you looking to enhance your skills in risk management and advance your career? Join our expert-led Risk Management Certification Course and gain the knowledge you need to manage and mitigate risks effectively in today's dynamic business environment. What you will learn; *Identifying and assessing various types of risks and how to evaluate their impact. *Risk acceptance, communication and consultation, recording and reporting, monitoring and review according to ISO 31000. *Risk Mitigation Strategies; Learn proven techniques to minimize and control risks. *Regulatory Compliance; Stay ahead with the latest regulatory requirements and standards based on ISO 31000 *Crisis Management; Develop robust plans to manage and recover from crises. Course Highlights: 1) Expert Instructors-Learn from industry professionals with years of experience in risk management. 2) Interactive Sessions-Engage in real-world case studies, group discussions, and practical exercises. 3) Earn a globally recognized certificate upon completion to boost your resume. Course Details Dates: 17th to 21st June 2024 Duration: 5 days Venue: Radisson Blu Hotel Waterfront, Cape Town, South Africa. Why choose us? *Proven Track Record-Trusted by professionals across various industries. *Career Support #RiskManagement #ProfessionalDevelopment #CareerGrowth #Certification #CLCInternational
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