Services

Problem Prevention - Risk Analysis

Many companies think of risk management in terms of insurable risk or risk that can be transferred to a third party. But so many of the risks companies face are not transferable or are prohibitively expensive to insure and must by tackled by the company itself. A risk that is not handled properly can do irreparable harm to a company's reputation to the point of the company's very survival being questioned.

ASG's Problem Prevention - Risk Analysis helps you:

  1. Analyze the areas of risk to your company
  2. Decide which risks need further action
  3. Take steps to minimize the chance of the situation happening
  4. Make plans to address the consequences if the situation does happen

This process is also applied in everyday decision making to address potential drawbacks of a selected course of action. This help assure smooth implementation of a decision because issues and obstacles have been considered and addressed.

Our clients use our proprietary Problem Prevention - Risk Analysis in planning, anticipating and taking actions to prevent future problems and in optimizing plans related to machine and equipment changeovers or modifications, product or process improvements, new product launches and changing customer requirements. This focus on risk management prevents being blindsided by a foreseeable event and allows your company to react confidently, without the firefighting mentality so many companies exhibit, when an incident occurs.

Problem Prevention - Risk Analysis is also used as part of future scenario planning. By considering and planning to adapt to what could happen in the future, companies can avoid being victimized by game-changing shifts in customer requirements, competition, the economy, regulation, globalization and demographics. This allows you to not only deal with future events but to take advantage of them because you are implementing while your competitors are still planning.