Designing an organisation’s Strategy & Risk Management framework does not have to be difficult. Strategy and Risk Consultancy, Manigent, have created an innovative new way for risk and compliance practitioners to quickly develop and document their strategy and risk model: Strategy and Risk Studio for iPad.
Strategy & Risk Studio is a one-of-a-kind application enabling consultants and practitioners to design and define an organisation’s enterprise performance management, enterprise risk management and/or strategy and risk management models. The tool is based on the Risk-Based Performance Management approach, which integrates best practices from popular methodologies including the Balanced Scorecard, COSO and ISO31000.
Strategy & Risk Studio is designed to be used in one-to-one or group meetings and workshop situations which are undertaken as part of the process of defining a strategy, performance or risk management model. It provides step-by-step guidance on the definition of a best practice model, enabling the model to be defined, documented and shared collaboratively.
In addition to simply designing Strategy and Risk Management models, the Strategy & Risk Studio also provides a simple risk and controls assessment capability and the option to enter indicator data and score indicators using a RAG approach. Three indicators types are supported by the app, Key Performance Indicators (KPIs), Key Risk Indicators (KRIs) and Key Control Indicators (KCIs). Strategy & Risk Studio can also be used to replace cumbersome spreadsheet based risk and controls matrixes or spreadsheet scorecards.
Strategy & Risk Studio is available to download from the Apple store now for just $25 (US). To learn more visit www.strategyandriskstudio.com
To download directly onto your iPad click here.