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Risk management

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Good risk management prevents unwanted situations in your business

As a manager, you often have to make decisions that affect large parts of the business. Many of these decisions will also involve a degree of risk. With good risk management, you can avoid big surprises and disruptive outcomes.

The HSE regulations also require companies to risk assess unforeseen incidents that may occur in the workplace. This work also involves defining how likely it is that the various incidents will occur and what consequences they may lead to.

Why use a management system with risk management?

In TQMEnterprise we have a separate module for risk management. The risk module simplifies the work with risk management, impact assessments and provides an important overview of the risk situation in your business.

With a cloud-based management system, it's easy to keep information up to date - and available to all employees. The module also has good search functionality, which makes it efficient to find relevant information.

Risk system adapted to your business

When implementing the risk module, our advisors will contribute with their experience so that you get the risk tool that suits your use and complexity. We are happy to use predefined models as a starting point and customize them further according to your wishes.

It is the company itself that defines the layout of the matrix, and the probability scale and designation of these.

Holistic risk management

Working holistically with risk management allows your business to be one step ahead of the situations that arise. Risk-reducing measures can often be initiated before the consequences have occurred. This leads first and foremost to a safer workplace, but is also an important point for reducing time and resource consumption caused by poorer overview in the business.

If you want to work according to ISO 9001, the risk tool also supports the work of assessing opportunities.

Good overview with complete risk matrices

As the risk management tool handles all the risks in the business as a whole, you can easily retrieve the selections you need within risk. Among other things, you can sort out information based on impact areas such as HSE or quality. You can see which risks you are responsible for, and you can easily get an overview of your risks before and after implemented measures.
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Risk matrix in TQM Enterprise: The table shows the probability and consequence of an impact area.

Risk mitigation measures

The risk management module also allows you to define measures with different responsible parties. The measures are also given an implementation deadline. This gives the person responsible for the measure the background for the measure, and it is easy to see the effect of completed measures at the next risk assessment.

Your company can also set up action categories in the risk module if necessary.

Benefits of using the risk module in TQM Enterprise

In the risk module from TQM, you can streamline risk work in large organizations. In situations where risk scenarios are relevant to several parts of the organization, but where actions and consequences are different - you can easily copy risk scenarios to several areas.
By choosing the risk management system in TQM Enterprise, you can simplify your employees' working day.
  • There will be fewer systems to deal with in everyday work
  • The business gets fewer system suppliers
  • You get a more complete risk picture
  • Good integrations with, among other things, document and deviation systems