It is agreed that complexity imply higher risk. A minimum level of complexity is necessary because it enhances functionality. Any system, whether it is a product, process, or organization becomes more uncertain in its behaviour as it becomes more complex thus making it difficult to manage it reliably. More difficulty in management means lower ability to reach goals and objectives. The risk that things can go wrong is therefore, higher. When things go wrong, it costs money, efforts and resources while reputations suffer, morale drops and recovery becomes an uphill task.

S.S Afemikhe & Co recognize the importance of Risk Management as a human activity and have developed an innovative expertise to support clients in dealing with it through

  • Recognition of risk,
  • Risk assessment
  • Developing strategies to manage it; and
  • Mitigation of risk using managerial resources

The objective is to avoid or reduce risk, transfer it, or generally reduce the negative effect of the risk.

S.S. Afemikhe & Co has developed an in-house complexity –based diagnosis to assess the overall state of health of the business in order to assist in creating and implementing a risk mitigation plan.

Internal assurance and validation reviews are provided to confirm or reject assumptions and provide feedback on the accuracy of risk assessment and management procedures.