Illus. 1 - risk management process
illus. 2 - Risk management pyramid
RISK MANAGEMENT PROCESS
Emerald Global Consulting, Inc.’s experts and managers works with our clients to utilize the following risk management processes to manage and mitigate product, process and corporate risk. We believe in using Lean and Six-Sigma methodologies in mitigating and eliminating risk from the value stream.
Our team works with our clients to develop risk strategy using business risk drivers from their organization and execute risk mitigation plan to eliminate the risk and improve organizational and business performance measures
We use the risk pyramid strategy (Illus. 2) to deploy the risk drivers and execute activities and processes required for managing and mitigating process, product and organizational risk that impede corporate growth.
TURNAROUND, RESTRUCTURING AND RISK MANAGEMENT
Emerald Global Consulting, Inc. provides consulting services to assist our clients and their suppliers in the areas of turnaround and restructuring. We utilize business process excellence and lean business principles and six-sigma methods to help eliminate waste from the value stream, improve quality and operational efficiency. Our model combines lean, six sigma, process optimization and simplification, operations cost reduction/analysis, risk identification and mitigation, financial management and functional budget strategies to restructure and turnaround organizations. We provide training and coaching to leaders and employees and work with leaders to deploy effective turnaround and restructuring strategies that helps to return their respective organizations to profitability in the quickest time possible.