RISkatch®
Get Balanced.
Platform for Risk-Based Performance Management and Integrated Business Performance
From Risk Management to Better Performance
Control Your Objectives. Control Your Performance. Control Your Risks.
Organizations are driven by results. But between strategic objectives and day-to-day operations, opportunities,
threats and deviations continuously emerge that may affect those results.
Traditionally, performance and risk are often managed separately.
RISkatch brings them together.
Through Risk-Based Performance Management (RBPM), RISkatch connects strategic objectives, performance,
opportunities, threats and early warning signals within one integrated management cycle.
This means you can see not only how your organization is performing, but more importantly what may improve or
threaten future performance — before it is too late to act.
From Reporting the Past to Managing the Future
Much of today’s management information tells you what has already happened.
To truly manage an organization, you need to know earlier where opportunities are emerging and where performance may
come under pressure.
RISkatch therefore combines multiple management indicators:
CSF – Critical Success Factors
What needs to go right to achieve your objectives?
KPI – Key Performance Indicators
Are the required performance levels actually being achieved?
KRI – Key Risk Indicators
Which risks could threaten that performance?
CRF – Critical Risk Factors
Which underlying factors cause or increase those risks?
EWI – Early Warning Indicators
Which signals indicate at an early stage that developments are moving in the wrong — or right — direction?
Together, these provide an integrated view of objectives, performance, opportunities and threats.
Risk-Based Performance Management
Managing Results While Understanding What Drives Them
Risk-Based Performance Management connects performance management with risk management.
It changes the central management question.
Not just:
“Did we achieve our objective?”
But also:
“Are we going to achieve our objective — and which opportunities and threats will determine the outcome?”
RISkatch supports this approach by bringing together performance information, risks, control measures and early warning
signals. This enables management to set priorities earlier, take corrective action sooner and capitalize on opportunities.
From reactive to proactive management.
One Dashboard. Greater Management Control
RISkatch provides executives, managers and responsible employees with a single environment for monitoring:
- Strategic objectives and Critical Success Factors
- KPIs and actual performance
- Opportunities and threats
- KRIs and risk trends
- Early Warning Indicators
- Control measures and actions
- Risk and action owners
- Progress and current status
From the organizational level, users can drill down into business units, departments, processes, projects and individual risks.
The result is one up-to-date view of the organization.
From strategy to action. From signal to decision.
More Than Risk Management
RISkatch supports organizations across four interconnected management areas.
Strategy & Performance
Translate strategic objectives into measurable success factors and indicators and monitor their achievement.
Opportunities & Threats
Identify, analyse, prioritize and manage both financial and non-financial opportunities and threats.
Early Warning
Identify developments before they become visible in financial results or traditional KPIs.
Action & Assurance
Assign measures and actions to responsible owners, monitor progress and embed follow-up throughout the organization.
From Strategic to Operational Management
RISkatch can be applied at multiple levels.
Enterprise-Wide Management
Manage strategic objectives, organizational performance and enterprise risks.
Departments & Processes
Monitor performance, risks and improvement measures within individual business units and processes.
Projects & Contracts
Identify and manage project and contract risks at an early stage, helping to reduce failure costs and prevent avoidable losses.
Compliance & Governance
Support structured risk management, internal control, accountability and oversight.
For Executives and the Wider Organization
RISkatch is designed for organizations that do not regard risk management merely as an administrative or compliance requirement, but as an integral part of good management.
Users include:
- Executives and Managing Directors
- Business owners and shareholders
- CFOs and Controllers
- Business and Corporate Controllers
- Risk and Compliance Managers
- Quality Managers
- Project and Contract Managers
- Business Unit and Department Managers
- Supervisory Boards and other oversight bodies
Each user looks at the organization from their own area of responsibility — while working from the same underlying
information.
This helps eliminate disconnected spreadsheets, separate risk registers and reports that only reveal problems
after they have already occurred.
What Does RISkatch Deliver?
Greater Control. Earlier Insight. Better Decisions.
RISkatch helps organizations to:
✓ Identify opportunities and threats earlier
✓ Connect strategic objectives with performance and risk
✓ Detect deviations before they materially affect results
✓ Help reduce failure costs and losses
✓ Assign clear ownership of risks and actions
✓ Enable management and oversight to work from consistent information
✓ Strengthen risk awareness throughout the organization
✓ Improve the quality of decision-making
✓ Apply a structured and demonstrable approach to risk management
✓ Make continuous improvement part of the management cycle
Based on ISO 31000
RISkatch supports a structured risk management process based on the principles and guidelines of ISO 31000.
Risks are identified, analysed, evaluated, treated and monitored.
But RISkatch goes a step further.
By connecting risk management with strategic objectives, performance and Early Warning Indicators, risk management becomes an integral part of the organization’s day-to-day management.
From compliance to performance.
Sector-Specific Knowledge
Every sector has its own opportunities, threats, processes and Critical Success Factors.
RISkatch can therefore be configured with sector-specific structures, analyses and risk databases.
RISkatch focuses on sectors including:
Housing Associations
Integrated insight into strategic, financial, social housing, real estate, project, governance and organizational risks.
Installation & Technical Services
Control over project performance, failure costs, capacity, planning, safety, contractual risks and operational performance.
Construction & Real Estate
Manage opportunities and threats throughout development, procurement, construction, operation and maintenance.
Industry & Manufacturing
Manage delivery performance, quality, capacity, costs, supply chain risks and business continuity.
RISkatch can also be applied in professional services, healthcare, education and the public sector.
Start Simply. Scale With Your Organization
RISkatch is web-based and accessible from desktop, laptop and tablet.
You can start small with a risk assessment or Quick Scan and gradually develop towards integrated Risk-Based Performance Management.
There is no need for a complex IT implementation before value can be created.
Start with what matters most to your organization and build from there.
Discover Where Your Organization Really Stands
Would you like to understand which opportunities and threats could affect your most important strategic objectives?
Or discover how Risk-Based Performance Management can provide your management team with greater control over future
performance?
Discover RISkatch in a personal demonstration.
During the demonstration, we use your own organization as the starting point to show how objectives, KPIs, risks, KRIs and
Early Warning Indicators can be connected.
Request a no-obligation demo →
RISkatch®
Get Balanced.
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