Identifying vulnerable business behaviors empowers remediation, enables improved measurable performance, and provides competitive advantages.

Business risks can result in adverse financial and reputation consequences to the company’s bottom line and to the individual decision-makers. Business risk drivers include the following practice areas:

Operational

Financial

Compliance

Organizational

Risk drivers often originate where accountability for results and implementation responsibility are separated. Blue Marble’s business risk assessment identifies opportunities for measurable bottom-line improvement. Our approach integrates financial, compliance, technical and organizational expertise to maximize company value and long-term profitability and investment.

As global risks continue to change, organizations must continuously evaluate their risk management processes to ensure that they are focused on the risks that threaten the organization the most as well as offer the most opportunity for competitive advantage, growth and efficiency. Furthermore, organizational productivity is continuously being challenged to improve with the same or less resources thereby increasing risk probabilities.

Effective risk management not only provides better protection for our clients, but also improves business performance, decision-making and competitive advantage. We assist our clients by evaluating the following types of business risks:

• Program management
• Environmental, health and safety
• Procurement
• Project-centric organization structure and practices
• Internal audit and controls

Blue Marble Value - Building on the extensive experience and technical expertise of our industry experts, we provide comprehensive examination and mitigation plans for our client’s project risks. Business risk analysis identifies opportunities for measurable bottom-line improvement by:

• Identifying unrecognized risks, formalizing metrics and enhancing services
• Understanding cash flows and cost drivers
• Defining, reducing and/or capping corporate reporting and environmental liabilities
• Integrating business objectives into Environmental Health & Safety activities
• Formalizing tracking processes
• Optimizing organizations based on business decision processes

Our business risk analysis begins with an audit and benchmarking of our client’s operations, financial reporting, compliance, and/or organizational structure. The assessments are tailored towards your company and risk assessment needs.

• What management or specific systems identify poor company performance?
• How is performance measured against goals?
• How high are confidence levels with current implementations?

By having our consultants perform the assessment, the client benefits from the view of the independent third party who can focus on the issues at hand without organizational influences. We facilitate a Four Step Process to improve our client's business success.

Our multi-disciplined consultants apply their deep experience to find operating inefficiencies. Our focus:

1. Identify operating practices that create unseen and unrecognized business risk that impact any of the five key company processes: operations, finances, compliance, organization and reputation
2. Rank and prioritize risks and develop risk management strategies
3. Design and assist with risk management implementation
4. Monitor and improve upon risk management process after implementations