Risk Advisory Services

Risk management has long ago stopped being just one of the functions within an organisation. As external environment becomes more turbulent, expert prognoses are not re-assuring and technological capabilities are outpacing human, risks have finally made it to the top of the Board agenda. Corporate governance, risk management and internal control systems must be future-proof and there is no room for compromise as competitiveness and uncertainty are rising.
The global risk landscape
The defining features of today's world are high level of uncertainty and increasing interconnectedness, speed and scale of risk. The outlook for the coming years is in large not positive. Volatile geopolitics, emerging technologies, fragmented supply chains, rising energy and food costs, inflation, government debt, environmental threats are all realities of the current business environment. These forces are not unique in themselves but what is different is that multiple and severe constraints are layering together to create a hard-to-navigate world for companies and governments.
In the shorter-term economic and geopolitical risks are gaining most of the attention from business leaders but in the longer-term climate and technology risks will play a bigger role in how businesses operate and whether they survive into the future. Executives are facing a dynamic and complex risk landscape and must adapt their governance and control systems to meet greater unpredictability and more existential risks that are emerging.
When asked to categorise the overall outlook, in the short-term, 50% of respondents select turbulent to stormy, in the long-term this increases to 57%.
World Economic Forum, Global Risk Report 2026
How can LMC help?
Although pessimism is on the rise, the gloomy outlook is manageable and the main solution is to be prepared. This means building responsiveness and resilience into the business strategy and processes, being aware of the changing environment and the risks that emerge. Human oversight and awareness has never been so critical as the world is becoming more digital and information flows more voluminous. Focus on planning, alternative options and adaptability are fundamental.
  • Corporate Governance
    As human oversight becomes more critical across all internal processes including introduction of new technology, and maintaining an enabling risk culture, improvements in corporate governance cannot be more timely. LMC can support businesses in building a corporate governance system that ensures transparency, ethics and accountability are at the forefront of decision-making.
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  • Risk Management
    Risk and opportunity trade-offs are at the centre of managing an organisation. Risk management is a science but it is also about empowering people, adapting to change and understanding the external and internal forces driving the business model. Design, implementation and improvement of risk management frameworks and assessing risk management performance is where we can be the right partner for your organisation.
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  • Internal Control
    Design and assessment of internal control systems is our core capability. Instead of rigid rules and black and white policies, organisations should be focused on embedding flexibility into their internal control frameworks that can to respond to crises. We can help businesses identify weaknesses in their approaches and design control solutions that can manage risks effectively.
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  • Internal Audit
    The role of Internal Audit extends far beyond provision of assurance into the advisory and business partnership domain. Internal Audit is the Board's right hand. Management should not see Internal Audit as a corporate policeman. LMC can aid a business in establishing and maintaining an Internal Audit function that is a valuable tool for value creation.
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