Risk Management
Working with you to develop risk management mechanisms and support the achievement of your vision, objectives and purpose
We understand that problems can arise despite perfect planning, and that small issues can grow and manifest as significant blockages to achieving strategic objectives. At DNA, we seek to not only work with you solve problems, but also build risk management foundations to help identify, manage, report and remediate future issues.
How we can help
The first step in effectively identifying, quantifying, and managing risk is the development of a fit for purpose risk management framework. This will not only enable implementation of effective controls, but also support the allocation of resources to manage the most material risks. We understand that time, resources and capital are finite, so strategically allocating them to areas where they are needed most is crucial.
DNA will work with you to develop a bespoke risk management framework suite, which is fit for purpose, not a cookie cutter approach.
Risk Management Framework
Risk Appetite and Board Awareness
Understanding risk appetite isn’t just about compliance — it’s about empowering your business to make confident, strategic decisions. A clearly defined risk appetite statement provides a shared framework for evaluating opportunities, mitigating threats, and aligning risk-taking with your goals. A confident and clear understanding is vital in empowering a tone from the top culture, and ensuring a Board is aware of how risk management can be utilised in reducing impacts or pursuing opportunities can drive real strategic growth.
DNA will work with you to develop an informed and proactive risk appetite statement, and provide the necessary knowledge to decision makers in driving informed choices.
A well-structured risk and control taxonomy assists taking risk management theory into practice. By systematically structuring risk categories and linking them to appropriate controls, organisations gain clarity, consistency, and confidence in how they identify, assess, and mitigate threats. A comprehensive risk and control taxonomy doesn’t just protect your business — it empowers it. It transforms complexity into clarity, turning risk management from a compliance exercise into a strategic advantage.
DNA will help you develop a taxonomy that aligns with your operations and regulatory requirements, providing a library of risks and controls to take forward and embed within business as usual.
Risk and Control Taxonomy