Role of ERM Consultant and Crisis Management Consultant

Organisations are always exposed to risks of various kinds that can potentially affect business operations. These risks have to be identified and managed as early as possible to avoid incurring damage of unpleasant situations. The proper way for organisations to deal efficiently with business risks is implementing an ERM ("Enterprise Risk Management"). 

Enterprise Risk Management is a proven management system that is managed by internal risk personnel or by engaging professional ERM Consultants. The role of an ERM consultant is to identify potential risks in all facets of the enterprise's operations and provide solutions to manage them with measures befitting the organisation's preferences. ERM consultant should be capable to provide practical risk management solutions to business management that not only mitigate inherent risks but also to growing the business .

Crisis Management Consultant helps the management team to fight an emerging crisis situation should one come. Jacob Business Armour's proprietry "Crisis Management System 4A" provides the platform that tactically gels crisis management responses into a formidable fighting stance. The Crisis Management Consultant has to help the organisation to prepare the management team, strategies and tacics and building planning capabilities that the organisation requires during a time of crisis.

Reduce Risk with BCM Consultant and ERM Consultant

Business continuity management (BCM) is an agenda that recognizes exposure to internal and external threats facing an organization. The aim of BCM is to insulate the organization from such threats and equip them a palpable capability to respond to these threats. BCM consultants help clients to design a business continuity framework and processes for handling major operational disruptions. The BCM consultant evaluates the organization business mission, functions and activities, and gives advice on vulnerabilities and high risk areas that could potentially cause business disruptions or loss of corporate equities. On the basis of these findings, the BCM Consultant designs and builds a customized BCM system befitting the client's business continuity needs including those of its key stakeholders.

When the performance of an organization to be below expectation, top management would seek to carry out a risk management exercise to identify functional areas that are often failing or under-performing. The symptom of under-performing functions is the frequent fire-fighting that employees do to 'patch' up failed operations.  Failing functions are risks when they repeatedly fail. This is one purpose of implementing Enterprise Risk Management - to improve business performance. Such risks are analysed and treated to be made more robust in performance. The result is fewer failures and a tremendous boost to employee morale and bottom-line results.  That is the work ERM Consultant do to help top managements to gear up performance results.  

Share SGX-Corporate-Governance-Letter-to-Board-and-Senior-Management.pdf - 134 KB

Share SGX-Corporate-Governance-Letter-to-Board-and-Senior-Management.pdf - 134 KB

Corporate Governance - for proper functioning of a company

Jacob Business Armour helps people to adapt to the changes in ecommerce that the world is facing today. With the advent of technologies and with modernization the life style and habits of man is changing regularly. To cope up with the changes the company offers strategies and solution that helps a company to internalize the resilience program.

Corporate Governance is an important part that is required by the public listed company to get complied with for launching their IPO’s. Jacob Business Armour offer proper governance to the clients so that client gets fruitful result in their business plan so that the client can receive the best return from the business. The corporate governance are certain rules and regulations that are followed by companies for getting optimum result from the business and also for giving a right direction and structure to the company so that it can be controlled and managed in a better way. The company also offers a prospectus type information booklet that helps to understand the Risk Management policies and structures that will help in the proper functioning of the company. The Corporate Governance helps the shareholders and investors to get knowledge about the internal control of the system as well as the effectiveness of the system.

Advantages of Creating a Business Continuity Plan!

Whenever the operations of a business enterprise are disrupted, it can cost a lot of money. Any loss in the revenue means extra expenses have to be incurred and profits will be reduced. Insurance is incapable of covering all the expenses and threat of competition. Thus, a Business Continuity Plan becomes essential for a business organization. Every business continuity plan must include the following four steps:

 1. A business impact analysis should be conducted to understand about the critical and time sensitive process, functions and resources required to carry out the smooth flow of operations.

2. Identify and implement steps to recover the critical business processes and functions.

3. Organize a team for business continuity processes and look out to solve any kind of business disruption.

4. Conduct a complete training session or work shop for the business continuity planning team and devise new strategies and plans for evaluating the recovery strategies.

Information technology systems help to a great extent in creating and implementing business continuity plans. IT can increase the productivity of a business enterprise and evaluate recovery strategies so that business can be restored with the help of the technology.

Enterprise Risk management

Whether in personal or corporate endeavours, all activities are prone to both failures and unplanned outcomes.  This is due to the effect of 'risk's which is unavoidable. Risks can be natural calamities, mistakes or willful actions by man, and they all can bear bad impacts to us. Some impacts may be minor but others can be disastrous.

Risks cannot be waved away but they can be managed. Some can be totally avoided, some lessened in damage impact or be reduced in probability of occurrence. Unless we manage risks, they will remain to haunt us and, often, severely damage us in some ways. 

We - whether as individuals or corporations - all carry our risk management. But for corporations, it can become rather difficult because unless there is someone (i.e. risk owner) who has responsibility for a risk, it is invariably ignored. Risk management in a corporation is a difficult task....unless top management puts in place a system of risk management. This is then regarded as an enterprise-wide risk management or Enterprise Risk Management as widely known.

Jacob Business Armor has the technical knowledge and software solutions to assist organisations in implementing risk management programmes.

Business Continuity Management (BCM): identify the threats, risks and vulnerabilities faced by your business with Jaba.com!

BCM is a holistic approach adopted by an organisation to identify potential risks and threats that could disrupt business operations, eliminate or lessen these risks and threats where possible, and to prepare contingency plans to deal with any incident arising so as to safeguard business objectives. In other words, BCM is a defence protocol which an organisation adopts, as amongst its SOPs, so as to be able to survive disastrous or debilitating threats to its operational longevity from the internal and external environment.

Jaba.com is an ideal place to look for your Business Continuity Management solutions and successfully apply the strategies.