How can i improve my business resilience

6 tips to improve your business resilience in 2017 : A New Year Resolution

December 31, 201600Business Resilience, Business Risk

6 Tips To Improve Your Business Resilience In 2017: A New Year Resolution

Well it’s that time of the year again when we all make promises to ourselves that we will do something different in the new year:

join the gym,
stop smoking,
stop drinking
reconnect with friends that we haven’t seen for some time etc.

Here at the Risk Evolves HQ we’ve been discussing the New Years resolutions you should consider for your business.

One things is for sure – 2017 is going to be filled with change…

What will the terms of Brexit be when Theresa May invokes Article 50 and how will they impact the UK ?
Will inflation in the UK rise as predicted by Mark Carney ?
What will the new policies of President-Elect Trump mean for the World ?
How will the General Elections to be held in Holland, France and Germany impact Europe ?
Will the current peace plan negotiated by Russia for Syria hold?
How will the continuing cyber threat impact the UK and the overall global economy ?

Unfortunately, no one has a crystal ball to predict the future…

At Risk Evolves we much prefer to focus on the items that we can influence, and to keep a watch on the things that we can’t. More info

What is Supply Chain Risk

December 19, 201600Business Risk, Supply Chain Risk

What is supply chain risk?

The phrase ‘supply chain risk’ is one that is now heard in the news with increasing frequency. But what it is, how can it affect small businesses, and what should we do to manage it?

Supply chain risk is a potential risk to damage a business from an unknown problem within the supply chain. Essentially it might not directly be your fault, but you should have had procedures in place to check. Remember it’s always your reputation that could be damaged first.

Supply chain risk in Supermarkets & Fashion

Who can forget the media frenzy when horsemeat was found in frozen products like burgers and lasagne sold by the major supermarket chains. Our trust as the paying public in the organisations who supply these goods changed, driving the supermarkets to change their processes.

Since that scandal in 2013 the way businesses manage and consider who is in their supply chain has changed. As a direct result, a number of supermarkets were forced to learn lessons on how they interacted with their suppliers. Roll forward to 2015, and a new debate food waste and the fate of ‘wonky vegetables‘ commences.

We are now much more conscious of where our produce has been sourced, the contents and the ethical nature of how it has been produced. More info

Leamington Business Awards – Ritz Evolves

December 10, 201600Awards

The Leamington Business Awards Gala Evening

Governance… risk… cyber security… compliance… the words may carry associations of mastery and a certain professional mystique, but they hardly conjure visions of glamour and glitz. But then came the Leamington Business Awards…

The Risk Evolves team donned their bond black tie & ball gowns for the Leamington Business Awards dinner. Proud to be attending as nominees in the Professional Services category.

Held at the beautiful Woodland Grange, the black-tie event began with canapés, giving award nominees, their guests and other local business representatives the chance to compare finery, frills and furbelows over fizz. More info

The Key Business Risks For 2017

December 10, 201600Business Risk

The Key Business Risks For 2017 And What You Must Do To Prepare For Them.

The landscape is changing and so are the key business risks for 2017. External business risk is growing at an exponential rate, especially in cyber crime. We look back at some of the greatest business risks of 2016 and predict how these might shape your strategy for 2017.

The Business Life Cycle & Business Risk

The risk your business faces will vary depending on where you are in the business life cycle. Undoubtedly you will have faced risk and will have many more business risks impacting your growth.

As Forbes recently mentioned business risk continues to evolve.

What concerned you say 2 or 3 years ago may look very different in 2017. The risk is not just internal but increasingly also from external……….If your business is facing new risks, what are you doing to prevent and or prepare? More info

What is ISO9001 and why is ISO9001 important?

December 6, 201600ISO9001

What is ISO9001 and why is ISO9001 important for my business?

‘What is ISO9001 ?’ and ‘Why is ISO9001 important for my business ?’ are two of the most common questions we get asked by our clients, so we thought we’d put this handy blog post together. The ISO9001:2015 – frequently asked questions.

What is ISO9001:2015, and why is it important?

ISO9001 is the world’s leading quality management standard. It’s at the heart of many other national and international certifications to help an organisation improve it’s overall performance.

The standard had it’s origins back in the late 1970’s in the form of BS5750. Since then it has evolved, becoming an international standard in the 1980’s. When the standard was first developed it was used predominantly by manufacturing organisations who recognised that if there was a process for manufacturing ‘widgets’ in a standard, regular way, then the cost of rework, fix and repair would fall. In other words, if quality is managed correctly in an organisation, then it will save you time and money. Since then the standard has changed and will deliver not just cost savings, but also improvements in customer satisfaction, a more resilient organisation, a better relationship with your suppliers and the supply chain, and demonstrate that you have strong corporate governance.

So why all the fuss over ISO9001:2015 ?

Given the World continues to change, there is a requirement for all standards to reflect the current business environments. The quality standard is no exception and is reviewed on a regular basis. The lastest review culminated in the issue last year of ISO9001:2015.

What if I have the old version ISO9001:2008?

More info