Frans Minnaar, Management Advisor

Organisational analysis is the interrogation of an organisation’s structures, systems and processes to determine its strengths and weaknesses. The organisational analysis cannot be separated from the SWOT analysis process. The reason for performing an organisational analysis is to identify organisational strengths and weaknesses. The results of this process not only informs the enterprise risk management process, but also decision-making about objectives and strategies (the p

Risk control is a proactive, systematic process used to identify, evaluate, and manage potential threats, aiming to reduce the likelihood or impact of negative events on an organization. It follows risk assessment, employing methods like elimination, mitigation, or transfer to ensure operational stability.

The performance of an organisation is dependent on its outcomes (the value, such as profit as promoting the general welfare) that result from the product or services it is providing. Performance is dependent on events and conditions (demands from) the organisation’s “external” environment. Performance must be planned, and expressed in quantified predetermined objectives.

One of the most important things a small business owner has to do is identify and manage risks. Risk management in business is an important skill that anyone who hopes to run a successful company will need to be well versed in.

Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome). The notion implies that a choice having an influence on the outcome exists (or existed). Potential losses themselves may also be called "risks". Almost any human endeavor carries some risk, but some are much riskier than others. There are two elements to this definition, namely: 1) Risks are related to Objectives; with specific reference to t

A risk management plan is having a plan to avoid dangerous risks in the workplace. There is an emphasis on protecting the employee, the undertaking project, and the entire business.

Conducting a risk assessment is a systematic process used to identify potential hazards, evaluate the likelihood of harm, and implement necessary safety controls.