Risk Assessments

Companies frequently find themselves involved in business projects where the risk for corruption uppers to be high.

Several different indicators may point in the wrong direction and the project on the table seems terrifying. In these situations it is not unusual that the management make decisions based on reflexes and subjective conclusions. This often result in decisions where companies either are walking away from businesses that actually could be mitigated, or even worse that companies move ahead into high-risk business without any control or protection. It is essential that the assessment of risks are based on facts and systematic analysis in order to define if and how the probability for corruption can be reduced to an acceptable level - and then make informed decisions whether to move ahead or withdraw.

Edge Development performs systematic risk assessment for our Clients on new business opportunities as well as existing business arrangements, in order to provide a structured picture of the risk profile and recommended actions to mitigate the risk.