RISK MANAGEMENT
Top of the league Risk
Management Software
A red amber and green traffic light matrix risk priority goes no way to answering the
CEO when he says, “tell me what my top 10 risks are!” So, in collaboration with some of
our larger law firm clients we have developed a risk system which scores risks in terms
of “Urgency to
Mitigate” (“UTM”) creating league tables of risks, much like a football or cricket
league.
A red amber and green traffic light matrix risk priority goes no way to answering the
CEO when he says, “tell me what my top 10 risks are!” So, in collaboration with some of
our larger law firm clients we have developed a risk system which scores risks in terms
of “Urgency to
Mitigate” (“UTM”) creating league tables of risks, much like a football or cricket
league. Law firms all work in excel spreadsheets, so we created a simple import
mechanism so that the software can display a dynamic,up-to-the minute set of dashboards
that will show the data in a way that you can make instant decisions.
Law firms all work in excel spreadsheets, so we created
a simple import mechanism so that the software can
display a dynamic, up-to-the minute set of dashboards
that will show the data in a way that you can make
instant decisions.
This is a packaged product called Mitigate but we can of course personalise it to a law
firm’s requirements because we are the development house rather than marketeers of
someone else’s product.
So now when the CEO asks the question, you can give him the answer (and run a report).
So now when the CEO asks the question, you can give
him the answer (and run a report).