Risk has always been a part of business—an enduring reality that every company must address. To compete, grow and capture benefit, organizations must accept risk. It’s what businesses do.
Risk management was once typically housed in finance departments, today’s businesses and governments face enterprise-wide risks around the environment, data protection, processes, and incomplete or biased information for decision making. IICT uses risk-adjusted performance management methods and tools to help companies gain higher economic returns and increase stakeholder confidence by protecting against the adverse impacts of business disruption.
Risk also has many more faces: cash flow crises, supply disruptions, quality failures, cyber intrusions, financial fraud and technology breakdowns.
IICT works with clients to create and implement integrated risk management capabilities focused on generating higher economic returns, improving shareholder value and increasing stakeholder confidence.